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22 May 2022 3:09
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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.

    © 2022 Newstalk ZB, NZCity

     Other Business News
     21 May: The Tourism Minister says New Zealand is getting closer and closer to reconnecting with the world
     21 May: Homes and businesses hit by a tornado in Levin yesterday are set to get help as the response and recovery phase kicks in
     21 May: The Crusaders have returned home in style, with a 61-3 crushing of the Fijian Drua, putting them in the box seat to take second spot in Super Rugby Pacific
     21 May: New Zealand red meat exports have hit just over 3-billion dollars during this year's first quarter
     20 May: It's hoped more competition will come about following the Government's war with the supermarket duopoly
     20 May: Praise for the Budget Boost for Whangarei Hospital
     20 May: The impacts of Omicron are reflected in Auckland Council's third quarter results
     Top Stories

    RUGBY RUGBY
    The Blues insist they've got plenty more tricks up their sleeve heading into tonight's Super Rugby Pacific clash with the Brumbies More...

    BUSINESS BUSINESS
    The Tourism Minister says New Zealand is getting closer and closer to reconnecting with the world More...


     Today's News

    		 Politics:
    Who are the independents likely headed to parliament after election night's 'teal bath'? 23:30

     Basketball:
    The Golden State Warriors have come from behind to beat the Dallas Mavericks 126-117 in their NBA Western Conference final, and take a two-nil series lead 21:50

     Entertainment:
    Nick Cannon says he has been for a "vasectomy consultation" 21:41

     Living & Travel:
    A single Lotto ticket is now worth $9 million - winning Powerball and Division 1 in tonight's draw 21:20

     Entertainment:
    Selena Gomez says people ought to be able to discuss mental health struggles "freely and without shame" 21:11

     Entertainment:
    John Legend loved "bringing hip and soul together" with Kanye West during the beginning of music career 20:41

     International:
    Election quiz 2022: How well did you keep across the campaign as politicians zig-zagged around the country? 20:30

     Entertainment:
    Jennifer Lopez says it was "hard" when 'Hustlers' was snubbed by the Academy Awards 20:11

     Environment:
    Rare northern Michigan tornado kills one, injures more than 40, flipping cars and tearing off roofs 20:00

     Entertainment:
    Nick Jonas admits his brother Frankie is "by far" his daughter's favourite uncle 19:41

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