The New Zealand market fell today in line with weakness sweeping global markets.
The NZX Top 50 Index is a sea of red following a sudden sell-off on Wall Street overnight, as delays in the manufacture of coronavirus vaccines shook investor optimism about an early recovery for the global economy.
The local index ended down just over 2 percent.
The New Zealand dollar dropped about a cent against the US dollar - trading at 71.4 US cents, 93.6 Australian and 52.2 pence.