Market report 5.5.22

May 5, 2022 | Economy, Free, NZ Market Daily Report

The NZ equity market trailed the US market’s close today and looked somewhat staid by comparison in its 72 point rise to 11,747.57. The US market rallied strongly after the US Federal Reserve bumped the cash rate up 50 basis points to 1.00% overnight – which seems a little odd considering higher rates usually mean […]

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Market report 5.5.22

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