MARKET OPEN: There may be 'light at end of tunnel'

MARKET OPEN: There may be 'light at end of tunnel'
Rebecca Howard
An improving global mood, combined with a lift in dairy prices, may spur some tentative, positive domestic trading. US markets were largely unchanged as the number of new cases there showed early signs of plateauing. The US surgeon-general said there may be fewer deaths than originally projected and “there’s light at the end of this tunnel.” The Dow Jones Industrial Average was down 0.2 percent 8am in Wellington, while the S&P 500 was down 0.2 percent and the Nasdaq was down 0.3 percent.  The domestic market may also continue to be buo...

More Markets

Listed property firms welcome ‘Investment Boost'
Property

Listed property firms welcome ‘Investment Boost'

The tax policy could translate into millions in extra cash.

Drury’s ASX stag, MetroGlass’s new owner, and more
Markets Small Cap Wrap

Drury’s ASX stag, MetroGlass’s new owner, and more

Rod Drury goes ‘pre-revenue’ again, plus small cap news from NZ.

NZX down as property company gets key renewal
Markets Market Close

NZX down as property company gets key renewal

ASB Bank has extended the lease for its downtown Auckland site for another nine years.

Tom Raynel 03 Jul 2025
Anna Scott joining Mercer
Markets

Anna Scott joining Mercer

Former Smart boss will replace current Mercer chief executive Martin Lewington.

Staff reporters 03 Jul 2025