MARKET OPEN: Domestic investors waiting for offshore cues

MARKET OPEN: Domestic investors waiting for offshore cues
Rebecca Howard
Domestic investors will tread water today as global markets await progress on the US stimulus package although a better night on Wall Street may spur some buying. Investors are looking to the next fiscal aid package to cope with the growing fallout from the covid-19 pandemic as US cases continue to rise but Republicans and Democrats have yet to hammer out an agreement. Senate Majority Leader Mitch McConnell told CNBC he believes Democrats and Republicans will strike a coronavirus relief agreement “in the near future.” House Speaker Nancy...

More Markets

Vector agrees to sell LPG assets for $150m
Markets

Vector agrees to sell LPG assets for $150m

The deal is subject to regulatory approvals and commercial conditions.

Rebecca Howard 26 Jul 2024
ASX: Australian shares slide to a two-week low as tech drags
Markets

ASX: Australian shares slide to a two-week low as tech drags

Every sector of the Australian share market has lost ground.

AAP 26 Jul 2024
NZ sharemarket down 0.38%
Markets Market close

NZ sharemarket down 0.38%

The S&P/NZX 50 Index closed at the day’s low of 12,349.47, down 46.79 points or 0.38%.

Graham Skellern 26 Jul 2024
The Warehouse’s plight in five charts
Retail Charts

The Warehouse’s plight in five charts

The private equity bid shows the company’s future is still anyone’s guess.

Gregor Thompson 26 Jul 2024