S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico MarketNew Zealand’s benchmark S&P/NZX 50 index fell 1% to close at 13,296 on Wednesday, marking its lowest level in two months, weighed down by losses among large-cap stocks. The local market followed a weak lead from Wall Street, where two of the three major US indices ended lower after a mixed US jobs report left the timing of the Federal Reserve’s next rate cut uncertain. Meanwhile, RBNZ Governor Anna Breman reiterated that the cash rate will remain on hold throughout next year, countering market expectations of two rate hikes. On the data front, consumer confidence rose to a one-year high in the fourth quarter, though it remained slightly below its long-term average. Heavyweights Fisher & Paykel (-1.7%), Meridian Energy (-3.0%), Infratil (-2.5%), Ebos Group (-2.7%), a2 Milk (-1.6%), and Spark NZ (-2.6%) posted sharp losses.
