As it happened: Virus fears, commodities slump wipes 0.7% from ASX

Summary

• The ASX 200 fell as much as 1% on Tuesday to a new three-month intraday low. The local bourse finished 0.7% down at 5784.1 under pressure from the banks and miners. 
• Wall Street fell to seven-week lows overnight amid concerns over a worsening COVID-19 situation in Europe
• Payroll jobs fell 0.4% in the fortnight to September 5, data from the ABS shows, casting doubt on the strength of the national employment market
• Asian markets were also lower on Tuesday. US futures were down 0.4% at 4pm AEST