NZX 50 Slips 0.2% as Oil Prices Rise and US Inflation Disappoints

The New Zealand stock market ended Thursday on a down note, shedding 24 points or 0.2% to close at 13,811.

This decline comes after a gain in the previous session, which was influenced by Wall Street's overnight performance.

The US market fell due to a softer-than-expected inflation rate being offset by rising oil prices.

Market participants are keeping a close eye on the Middle East conflict and its impact on oil prices, as well as the impending US jobs data release later this week.

This data will provide clues about the Federal Reserve's upcoming monetary policy decision.