NZX to join Wall Street rally; US regulatory risk subsides

NZX to join Wall Street rally; US regulatory risk subsides
Paul McBeth
Local stocks are set to join a rally on Wall Street as investors weighed up whether the unclear outcome of the US elections will stall efforts to impose stiffer regulations on the likes of big tech companies.Analysts had predicted an easy win in the presidential election for challenger Joe Biden, but incumbent Donald Trump garnered an unexpected amount of support. Biden leads in two critical states, while Trump has threatened to challenge the outcome in the courts and claimed victory despite the votes still being counted.The Senate is poised to...

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Zoono says it knows no reason for share price surge, halt lifted
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A trading halt granted by the ASX to Australian-listed New Zealand antimicrobials manufacturer Zoono on Wednesday after a price query has been lifted after the company said it knew of no reason for its share price soaring.Its share price rose from 0.09c to 0.18c on volumes much h...

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