MARKET OPEN: Better mood on Wall Street may set positive tone

Tue, 28 Jul 2020

Domestic investors may take heart from a better night on Wall Street as markets await key US earnings and a new stimulus package there. Apple, Amazon, Facebook and Alphabet are all due to report this week and the tech-heavy Nasdaq was up 1.7 percent at 8am in Wellington. The Dow Jones Industrial Average was up 0.4 percent and the S&P 500 was up 0.7 percent New Zealand’s listed tech sector includes fleet management firm Eroad, work management app maker Geo and Church administration and donation facilitator Pushpay Holdings. Meanwhile, U...

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