The NZ headline share index and the kiwi dollar fell for the third consecutive day, backing away from record highs as rising bond yields sap demand for both assets. The S&P/NZX 50 Index fell 106.4 points, or 0.8 percent, to 13,183.69. Within the index, 29 stocks fell, 13 rose and eight were unchanged. Turnover was $142.6 million.A wave of uncertainty has put the brakes on investor enthusiasm around the world. Indices on Wall Street closed lower overnight after a week of tumultuous politics, and European markets fell from 10-month...
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