Global markets were mixed overnight as Facebook shares fell -19%, weighing on the Technology sector, while the Dow Jones and S&P 500 market indices made gains.
The Facebook result shocked both investors and analysts with a significant downgrade of its growth outlook for the next two to three years. On the flipside, after the closing bell in New York, Amazon reported results that beat analysts expectations and the shares advanced.
Stocks across Asia were mixed after a weak result from Facebook led to a regionwide sell-down in growth-orientated stocks, offsetting earlier optimism of a cooling in trade tensions between the US and European Union after President Donald Trump's meeting with Jean-Claude Juncker.
Stock in Focus: Ryman Healthcare (RYM:NZ)
Ryman Healthcare, the country's biggest listed retirement village operator and developer told shareholders at yesterday's annual meeting first-quarter trading was satisfactory, and it had boosted nurses...
