Jarden Brief: Why US markets hit all-time highs overnight
16 Feb, 2021 11:17 PM
6 minutes to read
Optimism surrounding vaccines has had a positive impact on the US market. Photo / Getty Images
NZ Herald
Jarden
New Zealand The S&P NZ50 finished the day up 0.8 per cent yesterday after the director general for health announced that there were no new Covid-19 cases in the community, raising hopes that the most recent lockdown measures may not require an extension.
In response, the best performing sector on the day was Consumer Staples, which added 1.7 per cent, followed by Industrials, up 1.7 per cent. The worst performing sector on the day was Financials, down 0.5 per cent.
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