NZ shares rise, led by Arvida
Arvida led the NZ share market higher as investors were cheered by positive earnings.
Arvida led the NZ share market higher as investors were cheered by positive earnings.
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Wall Street moved higher amid initial relief about US Donald Trump's budget plan.
New Zealand stocks dipped, led by Comvita and Spark New Zealand.
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NZ shares rose as companies including Spark and SkyCity joined a rally across Asia.
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The S&P/NZX 50 Index fell 50.74 points, or 0.7 per cent, to 7371.76.
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The stock market has taken its biggest dive since before President Trump was elected.
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The S&P/NZX 50 Index increased 14.89 points, or 0.2 per cent, today to 7,422.50.
Wall Street advanced, sending the S&P 500 and the Nasdaq to record highs.
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The S&P/NZX 50 Index lost 37.33 points, or 0.5 per cent, to close today at 7452.38
Disappointing results sent retail stocks lower and concern about consumer spending.
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NZ shares jump as RBNZ signals low rates for longer, Xero climbs on earnings.
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Investors tried to assess the impact of Donald Trump firing of FBI Director James Comey.
VW's CEO and chairman have been hit by allegations of market manipulation.