MARKET OPEN: Wall Street steams to strongest quarter in more than 20 years

MARKET OPEN: Wall Street steams to strongest quarter in more than 20 years
Rebecca Howard
The domestic market may track the positive lead from Wall Street, although ongoing concerns about the rising number of covid-19 cases in the US may cap any enthusiasm. Wall Street was on track to end its strongest quarter in more than two decades after data pointed to a recovery in consumer confidence. The Dow Jones Industrial Average was up 0.8 percent at 8am in Wellington, the Nasdaq had added 1.9 percent and the S&P 500 was up 1.5 percent.   The Conference Board Consumer Confidence Index increased in June, after virtually no change...

More Markets

NZ market flat: Tower rises
Markets

NZ market flat: Tower rises

The index declined 0.67% this week.

Graham Skellern 12 Apr 2024
CRP's trading halt lifted after clarifying fast-track statements
Primary Sector

CRP's trading halt lifted after clarifying fast-track statements

Chatham Rock Phosphate said it had been requested to apply for the new regime.

Ian Llewellyn 12 Apr 2024
Carbon markets reveal more about policy than politicians
Primary Sector

Pattrick Smellie: Carbon markets reveal more about policy than politicians

The sluggish carbon price tells what you need to know about climate policy.

Pattrick Smellie 12 Apr 2024
Who Fletcher's new CEO called in his first days
Markets

Who Fletcher's new CEO called in his first days

Nick Traber has to rebuild confidence in the embattled construction giant.