Wake Up Call: Wall Street surges to record high

The S&P 500 was up by 0.75% and the Nasdaq was up by more than 1%.

Fri, 16 Apr 2021

Summary New Zealand shares are poised to go higher on the back of a Wall Street surge to a record high, led by tech stocks. Meanwhile, the government is putting pressure on its investment funds to withdraw from oil and gas, as well as coal.Fossil fuel withdrawal Finance minister Grant Robertson has asked ACC to accelerate its withdrawal from fossil fuel-related companies. While ACC has exited its coal investments, it is being asked to withdraw from oil and gas, including its $145 million investment in BHP Billiton. ACC says it has $60m in...

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