US election keeps nervous investors on sidelines

US election keeps nervous investors on sidelines
Dan Brunskill
New Zealand shares edged lower as many investors fixated on the potential for civil unrest and a contested result following the United States presidential election on Wednesday. The S&P/NZX 50 Index fell 13.64 points, or 0.1 percent, to 12,070.83. Within the index, 33 stocks fell, 11 rose and six were unchanged. Turnover was $123.8 million.Investors are bracing for the likelihood the US presidential election will be contested. This is because of a change in voting behaviour due to covid-19 will mean votes will take much longer to count...

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