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6 Jul 2025 7:40
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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.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     05 Jul: The Toyota's RAV4's held it's top spot as the favourite passenger car - in a standout month for vehicle sales
     05 Jul: A surge in new car sales - on the back of a tough couple of years for the market
     05 Jul: An independent report on the Northland Expressway, is sowing doubt over the project's future
     05 Jul: AI could soon be worth billions of dollars a year to New Zealand
     04 Jul: Indonesia to sign $52.3b trade pact with US in effort to avoid higher tariffs
     04 Jul: Bad weather in the Tasman District has negatively affected spending - but also brought a a spike in sales of particular items
     04 Jul: Central Otago's Cardona Hotel is on the market for the first time in more than a decade
     Top Stories

    RUGBY RUGBY
    An historic double for New Zealand equestrian in Germany More...

    BUSINESS BUSINESS
    The Toyota's RAV4's held it's top spot as the favourite passenger car - in a standout month for vehicle sales More...


     Today's News

    		 Equestrian:
    An historic double for New Zealand equestrian in Germany 7:37

     Entertainment:
    Debbie Harry took drugs to avoid an "emotional rollercoaster" during her younger years 7:36

     Tennis:
    A third straight show of dominance from world tennis number one Jannik Sinner at Wimbledon 7:27

     Law and Order:
    Cassie has emerged as a powerful figure after mixed verdict in Sean 'Diddy' Combs case 7:27

     Rugby League:
    The competition-leading Raiders have extended their winning streak in league's NRL to seven matches 7:17

     Swimming:
    Paris opens River Seine for public swimming for first time since 1923 7:07

     Entertainment:
    Travis Kelce struggled to prepare for Saturday Night Live because he "can't really read that well" 7:06

     Soccer:
    Paris Saint-Germain are through to the last four at football's Club World Cup 6:47

     Entertainment:
    Idris Elba has insisted he will never watch The Wire 6:36

     Entertainment:
    Doja Cat is determined to avoid being a "little monster" who "just wants success" 6:06

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