Australian stock market fell 1.33% due to Wall Street influence and US economic slowdown.

The Australian stock market fell 1.33% to 7,581.00, with weakness across most sectors, as negative cues from Wall Street influenced Asian markets. The Japanese stock market rose by 0.40% to 37,780.35, while other markets saw gains. The Australian market's decline followed the US economic slowdown and potential Federal Reserve interest rate delay.