close
MENU
Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Investment
3 mins to read

NZX's 'defensive' stocks protect against US bear market effects

S&P500 down 21% since its January high, while crypto continues plunge.

S&P500 index officially moved into bear market territory overnight.

Will Mace Tue, 14 Jun 2022

The United States' S&P500 index officially fell into bear market territory as its trading closed early Tuesday morning (NZ time), sending shivers down the spine of the NZX this morning.

The US benchmark dropped 3.88% in its first trading day of the week, slumping to its lowest level since March 2021

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Will Mace Tue, 14 Jun 2022
Contact the Writer: william@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
NZX's 'defensive' stocks protect against US bear market effects
Investment,
94437
true