Markets upbeat about Democratic controlled US govt

Markets upbeat about Democratic controlled US govt
Rebecca Howard
The local market will be buoyed by confirmation the Democrats have control of the White House, Senate and the House of Representatives in the US as it paves the way for more stimulus.Congress also worked through the night to certify Joe Biden as the winner of the US presidential election. He will take office on Jan. 20. US markets jumped on the prospect of additional fiscal stimulus, shrugging off protests in Washington when a mob took over the Capitol building yesterday.Any stimulus geared toward boosting the US recovery from covid-19 is...

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Vector agrees to sell LPG assets for $150m
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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
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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

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

Gregor Thompson 26 Jul 2024