Health technology stocks gained the most on New Zealand's Exchange, rising past 1% by midday Wednesday.
Fisher & Paykel Healthcare (NZE:FPH, ASX:FPH) shares climbed 2% in recent trade.
Meanwhile, the communications sector shares fell almost 1%.
Spark New Zealand (NZE:SPK, ASX:SPK) was down nearly 1% in recent trade.
Commercial services shares gained the most on the New Zealand Exchange, rising nearly 2% by midday Tuesday.PGG Wrightson (NZE:PGW) gained almost 4% in recent trade.Meanwhile, the energy minerals sector fell 3%.Channel Infrastructure (NZE:CHI, ASX:CHI) shares fell 3% in recent trade.
US equity indexes ended lower Monday after US 10-year Treasury yields topped 5% for the first time since 2023 and oil prices rose.* Yemen's Houthis launched a large-scale ballistic missile and drone attack on Saudi Arabia's King Khalid Air Base in Khamis Mushait and claimed "direct hits," Al Jazeera reported.* Ahead of the Federal Reserve's monetary policy meeting on Wednesday, the likelihood of an interest rate increase by 25 basis points rose to 92.3%, up from 33.1% a month earlier, according to the CME FedWatch tool.* October West Texas Intermediate crude oil rose $1.77 to settle at $101.82 per barrel, while November Brent crude, the global benchmark, was last seen up $1.65 at $106.26.* Corning (GLW) shares fell 14%, the steepest drop on the S&P 500, after the company unveiled plans late Friday for the sale of up to $2 billion of its common stock through an at-the-market equity program.* CrowdStrike Holdings (CRWD) rose 14%, the biggest gain on the S&P, as escalating concerns about AI risks lifted cybersecurity sentiment.
(Updates with index/price moves and geopolitical news from the first paragraph.)US equity indexes declined, albeit off session lows, after the 10-year benchmark government bond yield breached 5% and crude oil prices rose.The Nasdaq Composite fell 0.3% to 26,249.1, the S&P 500 declined 0.4% to 7,629.2, and the Dow Jones Industrial Average slipped 0.2% to 52,454.8 ahead of Monday's close.US Treasury yields were mixed in the final leg of trading. After hitting a high of 5.01% intraday, the 10-year yield was little changed at 4.97%.Iran wants to reach a deal with Washington, President Donald Trump said Monday. "The failing Nation of Iran wants to make a deal, quickly and badly. I will determine whether or not the U.S.A. will choose to engage - The concept of which we are open to," Trump wrote in a social media post on Truth Social.Meanwhile, Saudi Arabia is seeking to further boost oil supply through the Strait of Hormuz after attacks forced it to halt a key pipeline that's been the main alternative route for getting its crude to global markets during the Iran war, Bloomberg reported, citing a person familiar with the matter. The kingdom had been raising shipments through the contested Hormuz waterway in the first 10 days of this month from August levels, and is now trying to increase supplies further, the person told the news agency.The front-month US West Texas Intermediate crude oil contract rose 0.9% to $100.92 per barrel, and the global benchmark North Sea Brent edged up 0.7% to $105.34 per barrel.