New Zealand shares added 16 points, or 0.1%, to 13,699 in Tuesday morning trade, snapping two sessions of losses on strength in industrial and consumer services. Sentiment was supported by record highs on Wall Street’s S&P 500 and Dow at the start of the week, ahead of U.S. inflation data and major bank earnings later this week. Locally, capacity utilization hit a three-quarter peak in Q4, while business sentiment in the quarter climbed to its highest since March 2014, according to a private think tank, as a net 48% of firms surveyed expected business conditions to improve compared with 18% optimism in Q3. However, gains were capped by caution over upcoming Chinese trade and GDP figures, given China’s role as New Zealand’s top trading partner. Investors also awaited December food inflation data due in the coming days. Early movers included Millennium & Copthorne Hotels (1.3%), South Port NZ (1.0%), Port of Tauranga (0.9%), and Contact Energy (0.4%).