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17 Jan 2026 9:25
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  •   Home > News > Business

    A rollercoaster ride today for American shareholders

    A rollercoaster ride today for American shareholders


    Stocks opened in the red as investors worried about plans to hike interest rates, tensions in Ukraine, inflation and Omicron.

    At one point, the market was on track for its worst day since October 2020, but with just minutes to go, the major indices reversed and turned green.

    CNN correspondent Matt Egan says stocks dropped so much people thought they started to look attractive again.

    © 2026 Newstalk ZB, NZCity

     Other Business News
     16 Jan: Kiwis are feeling the pinch more at the checkout - than they are at the pump
     16 Jan: Good news for our manufacturing sector
     16 Jan: ???1;The construction sector's feeling optimistic, despite weak demand
     15 Jan: Signs of recovery in at least parts of the retail sector
     15 Jan: Potential for a dairy price recovery
     15 Jan: Fonterra's boss says farmers are used to volatility in prices and payouts
     15 Jan: Many retailers seem to be treading water, as consumers anxious about job security hold off on the nice-to-haves
     Top Stories

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    After Scott Robertson, the All Blacks face a deeper question than who coaches next More...


    BUSINESS BUSINESS
    Kiwis are feeling the pinch more at the checkout - than they are at the pump More...



     Today's News

    Entertainment:
    Jackson Browne's son Ethan Browne died due to the effects of fentanyl, methamphetamine, and lidocaine 9:23

    Soccer:
    Auckland FC coach Steve Corica has been left somewhat dissatisfied by the referee's explanation over a penalty decision against his side in a 2-1 A-League defeat to Melbourne City 9:16

    Rugby League:
    Nelson Asofa-Solomona has made an explosive professional boxing debut against ex-rugby league journeyman Jeremy Latimore 9:06

    Entertainment:
    Nikki Glaser cut a joke about Brad Pitt from her Golden Globes performance 8:53

    Entertainment:
    Matthew McConaughey believes a successful marriage requires "maintenance" 8:23

    Cricket:
    Steve Smith and former Australian teammate David Warner have traded centuries in the Australian Big Bash, but it's Smith's Sixers who have taken a five wicket win in the Sydney derby 8:16

    Soccer:
    League leaders Auckland FC have dropped points for the first time after scoring the opening goal in an A-League match 8:06

    Entertainment:
    Michael B. Jordan's mother has grown "used" to women lusting after him 7:53

    Environment:
    A number of black - do not swim - flags have been issued for Auckland beaches 7:47

    Cricket:
    The Central Stags have beaten the visiting Auckland Aces by 10 runs in the T20 Super Smash in Napier 7:46


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