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Latest from New York Stock Exchange
Re-insurers will take the bulk of earthquake losses - Moody's
Global re-insurance companies will probably take the bulk of losses for claims from the Christchurch earthquake not covered by EQC, says Moody's.
Optimism returns overnight to world markets
Shares on Wall St and in Europe rose overnight, after the US Federal Reserve indicated economic growth was still happening, though at a slower rate.
Equities fall after record drop in US home sales
Equities on Wall Street and across Europe fell after a US home sales fell a record 27 per cent in July.
Wall St down on disappointing jobless news
Stocks in the US dropped for a third straight day as a worse-than-expected report on US jobless claims.