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

NZX on front foot to start May as Infratil rises 3.5%
Markets Market Close

NZX on front foot to start May as Infratil rises 3.5%

The Australian benchmark is pulling away from the NZX 50. 

Gregor Thompson 01 May 2025
Bega Group to Fonterra: Let us bid
Primary Sector

Bega Group to Fonterra: Let us bid

Billionaire Twiggy Forrest is the largest shareholder of the Aussie dairy company.

Riley Kennedy 01 May 2025
Online sales drive Woolworths NZ Q3 sales growth
Retail

Online sales drive Woolworths NZ Q3 sales growth

Increasing customer preferences towards online purchasing are helping Woolworths boost New Zealand sales.The Australian grocery retailer told the Australian Securities Exchange (ASX) on Thursday that total NZ sales increased 4.8% to $2.19 billion in the three months to April 6, c...

Staff reporters 01 May 2025