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19 Apr 2024 15:55
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      Home > News > Business

    Wall Street has climbed to record highs, with major indexes turning in their strongest weekly gains since August

    Wall Street has climbed to record highs, with major indexes turning in their strongest weekly gains since August


    Strong US housing data and signs of resilience in the Chinese economy have raised hopes of a rebound in global growth.

    Market sentiment brightened after the US and China sealed a Phase 1 trade deal, pausing an 18-month tariff dispute.

    And US homebuilding surged to a 13-year high in December, suggesting the housing market recovery was back on track amid low mortgage rates.

    © 2024 Newstalk ZB, NZCity

     Other Business News
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     18 Apr: The Reserve Bank may have to make some unpopular decisions
     17 Apr: Taylor Swift may get a tiny bit of the blame, for inflation and interest rates staying higher longer
     17 Apr: Inflation is slowing, but many New Zealanders are still getting poorer
     Top Stories

    RUGBY RUGBY
    Zoe Hobbs insists she's ready for the big lights and atmosphere of an Olympics More...

    BUSINESS BUSINESS
    The Auckland Ratepayers Alliance says the latest Government measure to ease rates, only solves a small part of the problem More...


     Today's News

    		 Entertainment:
    Two men who claimed to have been tricked into watching 'Yesterday' because Ana de Armas featured in the trailer have settled their false advertising case 15:40

     Rugby:
    Zoe Hobbs insists she's ready for the big lights and atmosphere of an Olympics 15:27

     Entertainment:
    Shannen Doherty has scrapped plans for an emotional tattoo tribute to late father due to risk of infection 15:10

     Law and Order:
    Justice for Christchurch mother Angela Blackmore -- nearly three decades on from her murder 15:07

     Rugby:
    Pole-vaulter Eliza McCartney is proud of coming out the other side of years of injuries to make her return to the Olympics 14:57

     Entertainment:
    The car used in OJ Simpson's 1994 police chase is up for sale 14:40

     Tennis:
    Alex de Minaur loses to French teenager Arthur Fils in straight sets at Barcelona Open 14:17

     Entertainment:
    A sexual harassment lawsuit filed against Jason Derulo has been dismissed on a technicality 14:10

     Rugby League:
    Warriors front-rower Addin Fonua-Blake is embracing his club's tag as one of the favourites now in the NRL 14:07

     Soccer:
    The return of Oskar Zawada has injected a boost both on and off the field for the Wellington Phoenix 13:47

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