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Latest from New York Stock Exchange

Uncertainty on Wall St as US stocks fall
Stocks in the US fell overnight, erasing an early rally, on evidence of a slowdown in growth in the US services sector.

World equities slide overnight
Equities slid overnight amid further signs of economic weakness in China, Europe and the US.

Market falls early as GPG loses 7pc
Shares in investment company Guinness Peat Group fell 5c in early trading following the removal of New Zealand-based Tony Gibbs.

Sharemarket recovering ground slightly after 2pc early plunge
Telecom shares have plunged to a new low as the NZX lost 2pc on opening.

World shares get mixed messages overnight
US share prices were mixed as higher-than-estimated growth in construction spending and manufacturing offset a drop in energy shares.