The NZX 50 rose 87 points, or 0.7%, to 13,344 in early Friday trade, snapping two sessions of losses as most sectors advanced, led by logistics, healthcare, and energy minerals. Sentiment was buoyed by Wall Street’s rebound, where big tech recovered from recent selling and softer U.S. inflation data lifted hopes for Fed rate cuts next year. Locally, New Zealand’s consumer confidence climbed to a near four-year high in December, marking a second monthly gain, while November’s trade deficit narrowed as exports outpaced imports. Meantime, earlier data this week indicated a rebound in the country's economy in Q3 2025, boosted by stronger manufacturing, construction, and business services. Top movers included Fisher & Paykel Healthcare (2.8%), Infratil Ltd. (1.2%), Mercury NZ (1.1%), and Port of Tauranga (0.9%). However, the benchmark remains on track for a second weekly decline, down about 0.6% so far, with investors cautious ahead of key rate fixing next week in top trading partner China.