FX.co ★ New Zealand Stocks Retreat from Near 2-Month High

New Zealand's stock market experienced a decline of 30 points, or 0.2%, settling at 12,391 during Tuesday's morning session. This drop halted a streak of three consecutive days of gains and moved away from nearly two-month highs. The downturn mirrored the losses seen on Wall Street the night before, driven by ongoing concerns about tariffs. Additionally, investors adopted a cautious approach as they awaited the start of the Federal Reserve’s two-day policy meeting that began on Tuesday, with an interest rate decision anticipated on Wednesday.