The Markets
NZX50 joins global rout; power companies slide on Meridian expansion
Monday 8th of June 2026
New Zealand’s S&P/NZX 50 index joined a global rout after stronger-than-expected US jobs data on Friday fuelled expectations that the Federal Reserve might have to hike interest rates this year, while renewed fighting between Israel and Iran sent oil prices higher.
Vista Group International led the benchmark lower in a broadly soft day for local tech companies, while data centre inve...
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