Australia Market slips for third day

Australian share market closed lower for third straight session on Thursday, 03 November 2016, with investors opting for less risky assets after Wall Street fell for a seventh straight session overnight and on caution ahead of next week's hotly contested US presidential election. Opinion polls showing a tightening White House race between Democrat Hillary Clinton and Republican Donald Trump have rattled markets. At the closing bell, the benchmark S&P/ASX 200 index dropped 3.40 points, or 0.07%, to 5,225.60, while the broader All Ordinaries index was down 4.40 points, or 0.08%, to 5,306.60.

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