The local share market has dropped for a second session - but the losses at the closing bell were much less severe than they had been at the start of trading.
The S&P/ASX200 had slumped 1.2 per cent in the first few minutes of trading on Monday, following the release of key US jobs data late Friday.
The benchmark index however ground higher for most of the day to finish down just 25.3 points, or 0.32 per cent, to 7,988.1, while the broader All Ordinaries fell 22.9 points, or 0.28 per cent, to 8,191.9.
The Australian dollar was at a three-week low against its US counterpart, buying 66.70 US cents, from 67.35 US cents at Friday's ASX close.