The energy sector gained ground while most every other sector slipped back on Friday. -AAP Image
The Australia share market has fallen, shaken by an offhand comment by US President Joe Biden and ahead of another set of US jobs figures that may reset expectations on interest rate cuts.Â
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The benchmark S&P/ASX200 index on Friday finished 55.2 points lower at 8,150.0, a fall of 0.67 per cent, while the broader All Ordinaries dropped 57.7 points, or 0.68 per cent, to 8,416.6.
For the week the ASX200 dropped 0.76 per cent, snapping its three-week winning streak.
The Australian dollar was buying 68.46 US cents, down from 68.74 US cents at Thursday's ASX close.
Overnight, President Biden told reporters outside the White House that the US was "in discussion" about the possibility Israel might attack Iran's vast oilfields in retaliation for its missile barrage.
"I think that would be a little ..." the American president said, before stopping mid-sentence. "Anyway," he said.
