Apple stock rallies on strong iPhone sales
The US dollar rose while Wall Street was mixed, with Apple shares rallying on its better-than-expected sales of its latest iPhone model.
The US dollar rose while Wall Street was mixed, with Apple shares rallying on its better-than-expected sales of its latest iPhone model.
New Zealand shares gained slightly, treading water ahead of an earnings season where analysts are expecting weaker growth. Port of Tauranga and Meridian Energy gained while Z Energy dropped.
Wall Street moved lower amid disappointing earnings forecasts and weaker-than-expected reports on US consumer confidence.
The New Zealand dollar gained as US President Donald Trump's latest policy decisions unsettled markets and weighed on the greenback.
New Zealand shares fell, joining a global selloff as US President Donald Trump spooked markets with his ad hoc policy decisions.
Equities slid on both sides of the Atlantic amid the uncertainty created by US President Donald Trump.
Australian automotive parts company Bapcor is already considering buying more Kiwi businesses as it closes in on Hellaby.
ASX-listed auto firm Bapcor edged closer to its takeover of Hellaby Holdings, lifting its holding to just below the 90 percent level.
The New Zealand dollar was little changed as traders await December trade data today.
The New Zealand sharemarket has been reduced to being a mere bystander while Wall Street smashes records.
Wall Street was mixed, even as the Dow hit a fresh record high.
COMMENT: Dow 20,000 does not necessarily amount to a vote of confidence in President Donald Trump's ability to deliver economic growth.
The S&P/NZX50 Index rose 22.4 points, or 0.3 per cent, to close at 7,113.32 today.
Stocks are buoyed by his pro-business plans, but experts say it's still too early to know how those will shake out.
Wall Street rose, pushing the Dow Jones Industrial Average above 20,000 for the first time.
US stocks have rallied since the election of Donald Trump. Why is it happening and does it really matter?
The liquidator of Ross Asset Management has lifted settlements with investors to $6.1 million and got $161,585 from share sales in
New Zealand shares rose, with Comvita continuing its bounce from Monday's plunge and Tegel Group Holdings gaining. The S&P/NZX 50
Trump's decision to dump TPP is forcing companies to rethink supply chains and capital investments.
Wall Street rose amid better-than-expected corporate earnings including from DuPont.
New Zealand shares were mixed, with Comvita bouncing off yesterday's lows and Z Energy up, while Tegel Group Holdings and Auckland International Airport fell.
The NZ dollar continued to push higher on US dollar profit taking in the wake of US President Donald Trump's latest comments on trade and the border tax.
Z Energy may review its interim distribution policy after reducing debt levels ahead of schedule following its acquisition of Chevron New Zealand's Caltex and Challenge! brands.
The New Zealand economy is back in top gear and firing on all cylinders, but housing affordability will take years to resolve, HSBC says.
Stocks fell on both sides of the Atlantic as Trump formally ordered the US to withdraw from the TPP.
New Zealand shares eked out gains on the first day of trading after US President Donald Trump's inauguration.
The New Zealand dollar rose above 72 US cents as investors remain uneasy about what US President Donald Trump will deliver.
Trying to predict the unpredictable is just asking for trouble, writes Mark Lister.
Both the New Zealand dollar and the stock exchange are a tad weaker but relatively steady in the wake of President Donald Trump's inauguration.
Now the world's most famous Tweeter is finally in office, what will it mean for your back pocket?