NZX untroubled by US political turmoil

NZX untroubled by US political turmoil
The New Zealand stock exchange has continued its rise following other markets up despite the chaos in Washington DC.

No caption

Photo: Supplied / NZX

The NZX opened up just under half a percent. It follows a jump of around one percent yesterday.

Wall Street closed this morning in record highs.

Stocks surged as Joe Biden was certified president and on the expectation of a stimulus package from the Democrat-controlled Congress.

The Dow, S&P 500 and Nasdaq all set new highs despite the chaos of calls for President Donald Trump’s removal.

Wall Street is betting on more coronavirus relief to help the economy ride out a steep pandemic-led downturn.

Read more:

  • For live updates
  • How it all unfolded: Gunshots, broken glass as Trump supporters breached US Capitol
  • How security failures enabled Trump mob to storm US Capitol
  • Opinion: Trump loses control of his own deluded narrative
  • PM should not ‘tiptoe’ around Trump’s culpability – professor

XL subscribe to our newsletter banner

Get the latest news and advice on COVID-19, direct from the experts in your inbox. Join hundreds of thousands who trust experts by subscribing to our newsletter.

Send your news and stories to us news@climaxradio.co.uk or newstories@climaxnewsroom.com and WhatsApp: +447747873668.

Before you go...

Democratic norms are being stress-tested all over the world, and the past few years have thrown up all kinds of questions we didn't know needed clarifying – how long is too long for a parliamentary prorogation? How far should politicians be allowed to intervene in court cases? To monitor these issues as closely as we have in the past we need your support, so please consider donating to The Climax News Room.

Leave a Reply

Your email address will not be published. Required fields are marked *