The Markets

Pacific Edge gains while market flatlines

Thursday 8th of July 2021

The S&P/NZX 50 Index gained one single point, or 0.01%, to reach 12,752.51. Turnover was $194.5 million.

Overnight, the US share market gained less than half a percent, although it is already in record territory while the NZX 50 is down 4.6% this year.

The yield on US 10-year Treasuries dropped to its lowest level in more than four months, suggesting investors see inflation...

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