Wall Street selloff casts shadow over NZ market

MARKETS
Wall Street selloff casts shadow over NZ market
Ella Somers | Fri, 23 Dec 2022

There was a selloff in the US after surprisingly strong third-quarter GDP data. (Image: Getty)

It was an abbreviated day of trading for New Zealand today, with the market shutting up shop in the early afternoon to little fanfare.

CMC Markets analyst Tina Teng said in a note this morning that the selloff on Wall Street continued overnight then leaked into NZ’s trading.