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Wall St mixed, Fed shuffling bets
Wall Street was mixed as investors tried to position themselves for a Federal Reserve policy meeting next week.
Wall Street was mixed as investors tried to position themselves for a Federal Reserve policy meeting next week.
A sell-off of New Zealand stocks this week could be just a taste of things to come, says a prominent market strategist.
Wall Street dropped with the price of oil after reports from OPEC and IEA showed the global glut won't abate any time soon.
Wall Street climbed after comments by Federal Reserve Governor Lael Brainard bolstered bets rates would not be raised.
Investors could be in for a bumpy ride this week after fears about US interest rates sparked a return to volatility following a long period of market calm.
Australian investors can expect a rough ride when markets open after Wall Street suffered its worst trading session since Brexit.
Stocks across the globe have fallen the most since June
You would hope the private equity industry has learned a thing or two from the collapse of Dick Smith.
New Zealand shares fell as several large cap stocks gave up dividend rights, while insurer Tower dropped to a 12-year low.
NZ's benchmark share index is getting a shake-up, with fruit exporter Scales Corporation and cinema software developer Vista Group to join benchmark.
Political uncertainty poses the biggest threat to global sharemarket investors, according to two speakers at the Shareholders Association annual meeting.
NEW VIDEO SHOW: Liam Dann talks to Pie Funds CEO Mike Taylor about what's driving the share market's long bull run.
NZ King Salmon could have done without an aquatic visitor during a recent tour of its Marlborough Sounds sea farms by institutional investors.
New Zealand shares rose as offshore investors looking for yield were lured to the local bourse.
New Zealand shares rose as investors reshuffled their portfolios following earnings season, with Warehouse Group and Ryman Healthcare up while Orion Health Group dropped.
Wall Street strengthened, edging closer to fresh record highs.
Airwork Holdings has delivered a 58 percent boost in full-year profit to $24.6 million following strong earnings growth in its expanded aircraft business.
COMMENT: The June year reporting season, which winds down next week, has been a satisfactory one for investors.
BurgerFuel says today it is going ahead with its US expansion plans.
Mercury, formerly known as Mighty River Power, has delivered a 2.3 percent lift in operating earnings and declared a special dividend.
The Shareholders Association says it has received strong support in its efforts to force sweeping board and management changes at Rakon.
Stocks on major markets have fallen worldwide while the US dollar strengthened.
US Treasuries gained, as did the price of oil, while the greenback weakened.
US Treasuries rose while Wall Street fluctuated, paring earlier losses, after minutes from the Federal Reserve meeting.
NZX's first-half profit dropped 80 per cent on costs related to the ongoing Ralec litigation.
Wall Street moved lower as Federal Reserve officials suggested the US central bank might raise interest rates soon.
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Wall Street touched intra-day record highs as equities are still considered the best bet for investors.
Investors who scored big gains by swooping in US equity selloffs are now backing away from the market.
Wall Street's losses were mitigated by continued gains in oil prices, the Nasdaq inched up for second record high.