Australian shares gained ground on Tuesday to snap a three-day losing streak. -AAP Image
The Australian share market has broken a three-day losing streak led by technology stocks, as Democrats rallied behind Vice President Kamala Harris and cemented her as the favourite to secure nomination in the US election.
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The benchmark S&P/ASX200 index on Tuesday unwound the previous day's losses to finish up 39.4 points, or 0.5 per cent, to 7,971.1 points, while the broader All Ordinaries climbed 42.2 points, or 0.5 per cent, to 8,208.6 points.
The Australian dollar closed lower for its seventh consecutive day, buying 66.32 US cents, from 66.64 US cents in Monday's ASX close, following China's surprise rate cut.
