
The Markets
NZ shares fall on US interest rate rises
Wednesday 31st of August 2022
The S&P/NZX 50 Index fell 47.5 points, or 0.4%, to 11677.41. Turnover was $191 million, with the trading session extended for the August rebalance of the MSCI Equity Indices.
United States equities fell for a third consecutive session after Federal Reserve chair Jerome Powell’s speech at Jackson Hole last week.
His remarks at the central banking conference underlined h...
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