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Wall St up after Fed rates news

Wall Street gained overnight, after the US Federal Reserve flagged that there are fewer interest rate increases ahead this year than previously thought.

The Economy Hub: Markets rebound

WATCH: On the latest extra episode of The Economy Hub, guest panelists Bernard Doyle and Aaron Quintal discuss markets rebound.

NZ dollar jumps on Fed news

NZ dollar down as US strengthens

NZ dollar up as commodities find favour

Kiwi heads for 1.7pc decline

The New Zealand dollar is heading for a 1.7 per cent drop against the greenback

NZ stock index hits record

New Zealand shares hit a record high for a seventh straight session, though trading was quieter after Thursday's interest rate cut

Wall St up ahead of ECB meet

China concerns sinks stocks, metals overnight

Equities on both sides of the Atlantic moved lower after trade data renewed concerns about China's economy.

Business optimism slips in Feb

Brierley launches bid for Kirkcaldie Stains

Veteran corporate raider Sir Ron Brierley has made a takeover offer for cashed-up retailer Kirkcaldie & Stains.

Orion bounces back after big US deal

New Zealand shares were mixed, as Orion Health Group gained from a record low on news of a major US deal.

Mercedes halting robots' reign on the production line

Mercedes-Benzoffers the S-Class sedan with a growing array of options such as carbon-fiber trim, heated and cooled cupholders and four types of caps for the tire valves, and the carmaker's robots can't keep up.

Wall St up as durable goods orders rebound

Oil volatility takes equities for a ride overnight

Both Brent and US crude dove and then recovered overnight, and equities sought direction.

NZX profits boost 82pc

NZX lifted annual profit 82 per cent in 2015 as the one-off gain from the sale of its Link Market Services division bolstered flat earnings.

World shares fall on oil slump

Oil lifts equities overnight

The Dow Jones, Nasdaq and S&P 500 Index all gained overnight.