NZ markets to follow US lead; Infratil in focus

Tue, 05 Jan 2021

NZ shares look set to fall on the first trading day of 2021, as nerves over the outcome of runoff elections in the US weigh on Wall Street.The Dow Jones Industrial Average, the S&P 500 and the Nasdaq have all shed 1.5 percent at 8am in Wellington.Georgia is holding runoff elections for both US Senate seats on Tuesday in the US, and the outcome will determine control of the Senate.If incumbent Georgia Republicans David Perdue and Kelly Loeffler hold their seats, the Republicans will have majority control and greater ability to block Presiden...

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