Daily Alert: US shares lift despite soft US data batch

  • US sharemarkets climbed on Friday, led higher by technology shares; Facebook (+3.5%), Tesla (+3.2%), Alphabet (+2.2%) and Microsoft (+2.1%) shares all lifted.
  • New Zealand's manufacturing sector continued to expand during April, according to the latest BNZ-BusinessNZ Performance of Manufacturing Index.
  • Budget 2021 on Thursday is expected to show a turnaround in fiscal fortunes from the gloom that characterised much of 2020.


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