Eyes on govt package as volatility pummels markets

Eyes on govt package as volatility pummels markets
Rebecca Howard
Volatility remains off the charts with Wall Street down around 9 percent as markets continue to grapple with the ramifications of covid-19. The kiwi dollar meanwhile could be heading to parity against the Aussie.The Dow Jones Industrial average was down 9.6 percent, while the Nasdaq was down 8.9 percent and the S&P 500 was also down 9 percent at 8am in Wellington. Stocks in the US were pounded after the US Federal Reserve’s move to cut rates by 100 basis points and resume money printing yesterday amplified fear about the impact of the...

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Aus: Tax cuts, rates chatter to play into consumer sentiment
Markets

Aus: Tax cuts, rates chatter to play into consumer sentiment

Consumer and business confidence surveys are due out this week. 

AAP 7:00am
Medicinal cannabis law changes expected to grow industry
Primary Sector

Medicinal cannabis law changes expected to grow industry

Law changes will make it easier and cheaper for medicinal cannabis to be exported.

NZ sharemarket up 0.4% to end the week
Markets Market close

NZ sharemarket up 0.4% to end the week

The S&P/NZX 50 Index closed at 11,794.81, up 48.15 points or 0.41%.

Graham Skellern 05 Jul 2024