US economic data underpin stock rally
Wall Street gained, sending the three benchmark indices to record highs.
Wall Street gained, sending the three benchmark indices to record highs.
MARKET CLOSE: NZ shares hit record on A2 gains, Eroad up, Auckland Airport falls.
MARKET CLOSE: NZ shares rise as A2 hits new record, Metro Glass recovers; Z Energy falls.
NZ shares up, Metro Glass bounces while A2, Synlait fall from records.
US stocks and the dollar gained, with the Dow and S&P 500 climbing to records.
COMMENT: Signs of slowing mean battle for power might not be a bad one to lose.
US equities moved higher, bolstered by gains in shares of McDonald's.
The S&P/NZX 50 Index rose 26.6 points, or 0.3 per cent, to 7.913.78.
COMMENT: The reversal of Quantitative easing will be very gradual and will take years.
MARKET CLOSE: NZ shares up as confidence returns; Kathmandu, CBL, A2 Milk rise.
Slides in technology stocks including those of Apple and Facebook led Wall Street lower.
NZ shares rise in light trading; A2, Z Energy, SkyCity gain while Sky TV drops.
One analyst said the clear loser is the housing market, given NZ First's policy.
Financial markets are expected to take the weekend's election result in their stride.
Markets have proven resilient around the world even when election results are unexpected.
GDP data shows economy not firing on all cylinders.
Wall Street was mixed, both the Dow and S&P 500 retreating from touching record highs.
Wall Street moved higher, paring some gains after rallying to record highs.
OPINION: 30 years on from the market crash, what has changed?
NZ shares mixed as A2, F&P Health hit records while CBL, retirement stocks fall.
Possible IPO comes during a lacklustre year for listings on our local stock exchange.
Slides in Walt Disney and General Electric shares weighed on the Dow.
Who would win or lose if Labour were to be voted into power?
New Zealand shares were mixed, with Sky Network Television continuing yesterday's rebound.
Wall Street rose, recovering some of the previous day's decline.