Shares fall as global investors wait for US jobs data

Traders were nervous ahead of a key US employment report due overnight. (Image: Getty)

Fri, 07 Oct 2022

New Zealand shares gave up a short-lived rally on Friday, falling ahead of the release of important employment data over the weekend.The S&P/NZX 50 Index fell 21.45 points, or 0.19%, to 11,103.79. Turnover was low at just $98 million.The benchmark index had gained as much as 1% this week, but after falling today finished the week up just 0.2%.Market traders became nervous over the past 24 hours, said SPI Asset Management’s Stephen Innes, as they positioned ahead of a key US employment report due overnight.The NZ dollar gained marginal...

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