New Zealand’s market was quiet like the ocean before a storm today as investors wait for looming US jobs data out tomorrow.

The fight against inflation is far from over. Global sharemarkets, including New Zealand’s, sold off sharply after the United States Federal Reserve indicated interest rates may need to go higher for longer.

Car dealer Turners Automotive shrugged off any slowdown in the economy with an earnings upgrade while the New Zealand sharemarket remained sluggish following a busy results season.

The storms that hit Hawkes Bay might have subsided, but the silt is still there and so is the backlog of work for advisers in the region.

Church donations software company Pushpay fell a further 6% as the New Zealand sharemarket failed to take the bait from strong offshore leads in Australia and the United States.

The local index was mostly flat as it went into the weekend, with earnings season pretty much over and investors now turning their gaze to the wider macro conditions.

New Zealand’s local index was down for most of the day with some of its heavyweight stocks sliding before the market managed to make a slight comeback by early evening.

New Zealand’s market was largely flat today as the local index absorbed information from the earnings season coming to a close.

New Zealand’s market rose today as the earnings season draws to a close and the US markets' recovery from some of last week’s declines flowed through to the local index.

While New Zealand’s market was dragged down by international headwinds, retail jeweller Michael Hill bounced up almost 6% today.

Aged-care provider Summerset Holdings led the market higher after reporting solid free cashflow in its full-year earnings out today.

A deluge of company earnings poured through the local market today, ranging from the likes of Air New Zealand to kiwifruit grower Seeka.

The local market was flat today as investors picked over a cash rate hike by the Reserve Bank of New Zealand (RBNZ), more half-year results and Russia’s president Vladimir Putin's threats to suspend Russia’s observation of a nuclear weapons reduction treaty.

The New Zealand sharemarket, now well into the reporting season, slipped nearly 1% as stock prices readjusted to earnings value based on their latest financial results.

New Zealand shares fell as Ryman Healthcare completed its bookbuild and investors worried about cyclone damage and interest rate policy.

A few stocks had a rough time on the local index today but none suffered quite as much as food kit company My Food Bag as its share price plummeted by almost 30% as it will pay no dividend this year.