MARKET OPEN: Tepid Wall Street may lead to light trading

MARKET OPEN: Tepid Wall Street may lead to light trading
Rebecca Howard
Trading on the local share market may be tepid today after Wall Street took an overnight breather.  “It was a relatively consolidative day in markets following the sizeable swings of recent days and weeks,” said ANZ Bank senior economist Liz Kendall.    Covid-19 worries continue to linger after a record spike in new cases was reported in several US states and authorities in Beijing have ramped up restrictions to contain a new outbreak, including cancelling inbound and outbound flights. However, some data pointed to a recovery.  US home...

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NZ sharemarket up 0.1% on flat trading day
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The S&P/NZX 50 Index closed at 11,790.92, up 14.18 points or 0.12%.

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