The NZX 50 experienced a decline of 46 points, or 0.3%, settling at 13,669 during Thursday morning transactions. This downturn followed profit-taking activities after the index reached a new peak in the prior session. The majority of sectors faced declines, notably those in industrials, technology, and healthcare. The movement in New Zealand's stock market mirrored the overnight retreats on Wall Street's Dow and S&P indices from their record highs, although the Nasdaq saw gains. This was amidst mixed economic signals, including a notable decrease in job openings, countered by an unexpectedly strong ISM Services PMI report. Investors were also keenly waiting for the release of consumer and producer price indices from China scheduled for Friday, as these are crucial for assessing economic prospects in China—New Zealand's major trading partner—amidst ongoing sluggish domestic demand. In terms of specific equities: South Port New Zealand dropped 2.9%, A2 Milk declined by 0.8%, with Auckland International Airport and Mainfreight each down by 0.7%. ANZ Group slipped by 0.5%, and both Fisher & Paykel and Westpac Banking Corp decreased by 0.4%.