The benchmark ASX200 gave up most of the previous day's gains. -AAP Image
The local share market has retreated from its record levels, amid global geopolitical turmoil and as new data showed Australia's economic growth continued to slow last quarter.
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The benchmark S&P/ASX200 index on Wednesday gave up most of the previous day's gains, falling 32.6 points, or 0.38 per cent, to 8,462.6, while the broader All Ordinaries dropped 26.2 points, or 0.3 per cent, to 8,728.5.
The Australian dollar was buying 64.45 US cents, from 64.75 US cents at Tuesday's close.
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