![Market close: NZ stocks continue strong start to the year](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Market close: NZ stocks continue strong start to the year
Despite a mixed day on Wall Street, the New Zealand sharemarket continued to make gains.
Despite a mixed day on Wall Street, the New Zealand sharemarket continued to make gains.
Tesla surged even as Elon Musk's latest drama surfaced.
The New Zealand sharemarket had its fourth successive daily gain.
Turbulence for iron miners, crackdown on false information, hoarding, and price gouging.
The index has increased nearly 3 per cent so far this year.
While new CPI data from the US points to inflation slowing.
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Previous handpicked successor's tenure marked by clashes, missteps, poor financial show.
Financial Times: Sixth consecutive month of decline amid Fed tightening.
Kiwis want a more engaged way of managing nest eggs, investment platform says.
Financial Times: "Sticky components of inflation" show more work may be needed.
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But a shortfall for Tesla came despite a major year-end sales push.
'Thanks 2022, good luck and good riddance - we look forward to 2023' - Shane Solly
Financial Times: Biden administration sees large-scale investments blunting downturn.
Indices across the globe plunged overnight.
But the index followed a strong day on Wall Street by rising more than half a per cent.
Financial Times: FTX founder on way to New York to face criminal charges.
PwC says it has made big improvements in recent years.
Index has now fallen more than 11 per cent this year.
The NZ index was flat in the face of a big fall in the US.
This year has been a rough ride for investors.
The New Zealand sharemarket was flat, making a small gain.
Tech stocks up after rumours Beijing will mimic Biden's semiconductor package.
The benchmark rate is now at the highest level in 15 years.