Equities in New Zealand rose 91 points, or 0.7%, to 12,775 in morning trade on Tuesday, halting losses from the previous four sessions. The NZX 50 tracked an upbeat session on Wall Street overnight, as a weaker-than-expected jobs report raised bets on interest rate cuts happening sooner. Traders anticipated the release of New Zealand's unemployment data for Q2 later this week, with the market expecting it to rise to 5.3% — the highest since Q4 of 2016 - raising hopes that the central bank will cut interest rates at its next meeting this month. However, traders continued to monitor the development of US trade tariff policy and were anticipating the release of services PMI data from China, New Zealand's top trading partner, later today. Almost all sectors traded in the green, including financials, consumer discretionary, utilities, and healthcare, with notable gains from Infratil (3.7%), ANZ Group (1.9%), Mainfreight (1.5%), Skellerup (1.3%), and Fisher & Paykel (0.9%).