
Market close: NZ sharemarket dips amid volatile US trading
The New Zealand sharemarket closed down but didn't fall as much as stocks in the US.
The New Zealand sharemarket closed down but didn't fall as much as stocks in the US.
The local index fell for a third consecutive day.
Talk of impending global trade war 'have become too loud to ignore'.
Fisher & Paykel Healthcare shares fell 1.21% to $33.47 amid tariff concerns.
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The local index was up 60.55 points or 0.48%.
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The benchmark NZX50 fell nearly 1%.
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Global stocks were under pressure after Trump broadened his tariff threats.
Fonterra has chosen a corporate brand for the entity if IPO goes ahead.
Currency's value soared then crashed - after the President 'made a mistake'.
The S&P/NZX 50 Index rose 0.6%.
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The NZX index shook off yesterday's 1.42% fall.
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The New Zealand sharemarket posted another small decline.
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US-listed Rocket Lab hit a record high, with its shares rising 30%.
Investors are trying to figure out what Trump's policies will mean for the markets.
The market still declined despite the corporate action.