The local share market has closed at a three-week low after its fourth straight session of losses, amid more fallout from China's debt and property crisis and diminished odds of quick US interest rate cuts this year.
The benchmark S&P/ASX200 index on Monday was up as much as 0.2 per cent in morning trading but drifted lower all afternoon to finish near the lows of the day, down 37.6 points, or 0.5 per cent, at 7,451.5.
