Market close: NZ sharemarket falls as investors grow pensive over inflation
12 May, 2021 05:38 AM
3 minutes to read
Shares in Napier Port ended weaker. Photo / Hawke s Bay Today
New Zealand share prices ended weaker on light volume as investors grew pensive about the prospects of inflation and rising bond yields here and around the world. The S&P/NZX50 index finished at 12,564.21, down 75.85 points, or 0.6 per cent, on volume of 55.64 million shares, worth $201.98 million.
There were 96 falls and 51 rises.
Most of the big name stocks were weaker as concerns about US inflation took hold after US year treasury yields gained for the third day in a row. Local 10-year bond yields were at 1.81 per cent, the upper end of their recent 1.6 to 1.9 per cent band.
Netflix hit Sons of Sam re-examines New York s summer of terror
12 May, 2021 07:02 AM
13 minutes to read
David Berkowitz was arrested in New York on August 10, 1977. Photo / AP
news.com.au
By: Candace Sutton
It was the summer of 1976, around 1.10am on July 29, when two young women were sitting in a car in Pelham Bay, a neighbourhood of the Bronx, in the northern part of New York City.
Jody Valenti, 19, and Donna Lauria, 18, a nursing and a medical student, were sitting in Valenti s Oldsmobile in front of Lauria s home, discussing the holidays and their futures.
Lauria s parents had just arrived home after an evening out, inviting Valenti upstairs before they went inside.