InvestNow News – 11th September – ANZ Investments – The Weekly Snapshot – 7 September
Article written by ANZ – 7th September 2020
US equity markets saw their first weekly losses since July after a late-week sell-off saw the NASDAQ 100 end the week more than 3% lower and the S&P 500 off around 2%. Both indices had made record-highs on Wednesday before the sharp turnaround.
In New Zealand, equities also struggled with the NZX 50 ending down more than 2%, while in Australia, the ASX 200 continued its recent slide, also ending down more than 2% – its lowest level in a month.
Disclaimer: This information is issued by ANZ Bank New Zealand Limited (ANZ). The information is current as at 9 September and is subject to change. The information is general in nature and does not take into account your personal objectives, needs and financial circumstances. You should consider the appropriateness of the information, having regard to your personal objectives, needs and financial circumstances. This information is not to be construed as personal advice, and should not be relied upon as a substitute for professional advice. Although all the information in this document is obtained in good faith from sources believed to be reliable, no representation of warranty, express or implied is made as to its accuracy or completeness. To the extent permitted by law ANZ does not accept any responsibility or liability arising from your use of this information. Past performance is not indicative of future performance. The actual performance any given investor realises will depend on many things, is not guaranteed and may be negative as well as positive.
InvestNow News – 11th September – ANZ Investments – The Weekly Snapshot – 7 September
Article written by ANZ – 7th September 2020
US equity markets saw their first weekly losses since July after a late-week sell-off saw the NASDAQ 100 end the week more than 3% lower and the S&P 500 off around 2%. Both indices had made record-highs on Wednesday before the sharp turnaround.
In New Zealand, equities also struggled with the NZX 50 ending down more than 2%, while in Australia, the ASX 200 continued its recent slide, also ending down more than 2% – its lowest level in a month.
Disclaimer: This information is issued by ANZ Bank New Zealand Limited (ANZ). The information is current as at 9 September and is subject to change. The information is general in nature and does not take into account your personal objectives, needs and financial circumstances. You should consider the appropriateness of the information, having regard to your personal objectives, needs and financial circumstances. This information is not to be construed as personal advice, and should not be relied upon as a substitute for professional advice. Although all the information in this document is obtained in good faith from sources believed to be reliable, no representation of warranty, express or implied is made as to its accuracy or completeness. To the extent permitted by law ANZ does not accept any responsibility or liability arising from your use of this information. Past performance is not indicative of future performance. The actual performance any given investor realises will depend on many things, is not guaranteed and may be negative as well as positive.
