S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico MarketThe NZX 50 tumbled 420 points, or 3.1%, to close at 13,099 on Monday, extending losses in the prior session and marking an over two-week low. The slump tracked a sharp sell-off in U.S. futures as oil prices spiked to over $120 per barrel for the first time since 2022 amid the escalating Middle East conflict, stoking fears of supply disruptions and renewed inflation. Over the weekend, the U.S. and Israel launched fresh airstrikes across Iran, while Tehran named Mojtaba Khamenei as Supreme Leader. Traders largely shrugged off data from trading partner China showing February inflation hit a 3-year high, and producer deflation eased. Losses were broad-based, ahead of domestic data including Q4 manufacturing sales, February PMIs, and January visitor arrivals this week. Tourism and airline stocks were hit, with Tourism Holdings. down 5.5% and Auckland Intl. Airport off 4.7%. Other laggards included Scott Tech. (-6.8%), Gentrack Group (-5.0%), and Fisher & Paykel Healthcare (-4.8%).
