US news drags New Zealand's NZX down 2.3%

New Zealand's share market, the NZX, closed down 2.3% today, mirroring declines in US markets due to ongoing negative news flow. The S&P/NZX 50 index closed at 11,836.69 points after a four-day Easter break, with light trading volumes. The US S&P 500 also fell, influenced by renewed criticism of the Federal Reserve chair by President Trump. Australian markets showed more resilience, but the NZX was significantly impacted. Trading volume was 31.95 million shares, totaling $105.1 million in value.