MARKET OPEN: All eyes on first presidential debate

MARKET OPEN: All eyes on first presidential debate
Rebecca Stevenson
Local share trading may be muted today, with US markets softer amid doubts of more stimulus before the presidential elections.US stocks fell as investors turned their focus to the first presidential debate between incumbent Donald Trump and democrat challenger Joe Biden.The S&P 500 and the Dow Jones Industrial Average were each down 0.1 percent at 8am in Wellington, with the Nasdaq Composite barely changed.While the week got off to an “exuberant start”, ANZ senior economist Liz Kendall and senior strategist David Croy said there...

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NZ sharemarket down 1.13% for the week
Markets Market close

NZ sharemarket down 1.13% for the week

The S&P/NZX 50 Index closed at 11,796.21, down 39.83 points or 0.34%.

Bell Potter boosts Santana target price 53.5%
Primary Sector

Bell Potter boosts Santana target price 53.5%

Aussie brokers increasingly like the look of a low-cost, high yield Otago gold play.

Anna Palairet appointed Fonterra's chief operating officer
Primary Sector

Anna Palairet appointed Fonterra's chief operating officer

Having acted in the role since June last year, she replaces Fraser Whineray.

Analysts upbeat about Tower's latest guidance
Markets

Analysts upbeat about Tower's latest guidance

The insurer's shares have gained 36% so far this year.