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The S&P 500 and Nasdaq are on track for their worst week since mid-March, while the dollar, up 0.17%, was headed for its 10th consecutive weekly increase, lifted by a fall in the euro on grim euro-zone economic data.
Treasury prices rebounded but a gauge of global equities pared gains on Friday, adding to sharp sell-offs earlier this week, after three Federal Reserve officials warned further rate hikes may be... -September 22, 2023 at 03:28 pm EDT - MarketScreener
The manufacturing sector in New Zealand continued to contract in August, and at a faster rate, the latest survey from BusinessNZ revealed on Friday with a Performance of Manufacturing Index score of 46.
The BNZ-BusinessNZ Performance of Manufacturing Index dropped to its the lowest monthly reading since June 2009.
New Zealand's manufacturing sector experienced a further slowdown in August, with BusinessNZ Performance of Manufacturing Index falling slightly from 46.6 in July to 46.1. This marks the lowest rate of activity for a non-pandemic affected month since June 2009. Furthermore, the latest PMI data sits significantly below its long-term average of 52.9.