The Australian share market fell for a fourth consecutive session on Monday, though remains on track for its fifth consecutive month of gains. A weak consumer spending trend emerged as major earnings disappointed, with retailer JB HiFi plunging after flagging softer July sales. Banking results continued to pressure the financials sector, while materials recovered earlier losses. Tomorrow brings major results from BHP and CSL, among many others, setting up a crucial week for profit season.

Steve Daghlian and Laura Besarati are Market Analysts at CommSec. Each episode, they break down the day's market movements and explain what the numbers really mean.

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