The Markets

Omicron and inflation risks flatten share market

Wednesday 1st of December 2021

The S&P/NZX 50 Index closed virtually unchanged, up just five points at 12,724.91. Turnover was $196 million.

US markets fell overnight after Jerome Powell told US Congress he wouldn’t describe inflation as “transitory” as it could linger into next year.

Major equity indices were down after the comments gave Asian markets a soft start on Wednesday. NZ share...

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