Address

Precise Investors

Tuesday, December 7, 2021
Stocks & Shares

Australia shares hurt by Wall Street tumble; NZ dips

Australian shares extended their losses to a third consecutive session on Friday, weighed by the financial sector, as US stocks slipped overnight after disappointing labour market data.

The S&P/ASX 200 index dipped about a per cent or 55.16 points to 5,703.60 at the close of trade. The declines were broad-based, with nine out of 10 sectors in the red. The benchmark was down 0.3 per cent for the week.

Wall Street fell after data showed US private employers had hired fewer workers than expected in June and applications for unemployment benefits last week rose for a third straight week, pointing to some loss of momentum in job growth.

Important:

The articles are for information purposes only and Precise Investors shall not be held responsible for any errors, omissions or inaccuracies within it. Any rules or regulations mentioned within the website are those relevant at the time of publication and may not be the most up-to-date.

Precise Investors does not endorse any of the products or services that appear on it or are linked to it and are not liable for any action that you may take as a result of the content of this website, or losses or damage you may incur doing so.

There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.

Please remember that investments of any type may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.

Leave a Reply