Early gains on hopes on a more measured tariff round were wiped as bank stocks sold off. -AAP Image
The Australian share market had a volatile session, swinging high early but losing most of the gains by the close as banks dragged on the bourse.
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The S&P/ASX200 was up 3.9 points, or 0.05 per cent as markets closed, to 7940.8, while the All Ordinaries was 7.7 points higher, or 0.09 per cent, to 8165.6.
The leading index had jumped more than 0.7 per cent by 11am AEDT, buoyed hopes of a more targeted tariff approach from the US government, but those gains had been wiped in a matter of hours as bank stocks sold off.
The Australian dollar was buying 62.88 US cents, slightly higher than Monday afternoon's 62.81 US cents.
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