New Zealand shares fell after the US Federal Reserve's pessimistic economic outlook threw cold water on markets that had priced in a V-shaped recovery.

New Zealand shares dipped, taking a lead from Wall Street as investors began taking profit on recent gains and before the US Federal Reserve makes its first economic forecasts since the pandemic struck.

New Zealand shares fell as a strong kiwi dollar weighed on export heavyweights Fisher & Paykel Healthcare and A2 Milk, pushing the market lower and giving back much of yesterday’s gains.

The S&P/NZX 50 Index is back in positive territory after strong US employment data on Friday and the announcement the further easing of local covid-19 restrictions stoked investor optimism about the pandemic recovery.

New Zealand shares fell as the strengthening kiwi dollar weighed on firms exposed to overseas earnings. Gentrack led the market lower.

New Zealand shares rose for a third day as investors remain upbeat about the potential recovery from the pandemic disruption.

New Zealand shares joined a global rally as investors grow increasingly optimistic about the recovery from the covid-19 outbreak.

New Zealand shares rose as investors found confidence in the Prime Minister bringing forward a decision about the move to alert level 1. Tourism Holdings and Gentrack led the market higher with double digit gains.

New Zealand shares edged higher today as positive earnings counterbalanced a weak lead from Wall Street as investors eyed escalating US-China tensions.

New Zealand shares reversed an earlier gain as Asian markets were sold off amid growing fears of a confrontation between the United States and China.

New Zealand shares were led higher by Mainfreight after the logistics group's earnings weathered the worst of the covid-19 crisis at a time when investors grow more optimistic about the global economy reopening.

New Zealand shares rose as the further relaxing of global covid­-19 restrictions bolstered investor confidence.

New Zealand shares rose in light trading ahead of public holidays in the US and UK, as investors remain wary of growing tensions between the US and China.

New Zealand shares fell as China didn't set a target for gross domestic product growth, spurring concern about the global economic recovery.

New Zealand shares fell for a second day as investors await earnings next week to gain a better sense of the economic outlook.

The financial services industry must cough up more cash for its watchdog because the government is cutting the amount it funds the Financial Markets Authority to 17 percent of its total budget by 2023.