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Tag Archives: Stocks

Rally of cannabis stocks for a second day after House passed a bill aimed at lifting the federal ban on weeds

Cannabis stocks recovered a second day on Wednesday, supported by the adoption by the Congressional Committee of a law to lift the federal ban on weeds and strong gains for Curaleaf, after posting a lower than expected result. quarter loss. Curaleaf's US-listed shares CURLF, + 11.82% CURA, + 12.19% recently posted an increase of 12.2% as investors shook off their …

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Stocks remain under pressure from tensions between the US and China

US. Shares fell slightly on Wednesday morning after China condemned a US Senate resolution in Hong Kong to support human rights and threatened to lift tariffs if Washington and Beijing failed to negotiate a trade agreement October Federal Reserve meeting to gain further insight into its monetary policy, although Chairman Jerome Powell explained his thoughts on the economy in Congressional …

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Stocks indicate a continued record on Wall Street

The week ends at record highs with all three major averages. US. Stock futures point to a higher trade clearance on Tuesday, the day after another record trio. The three most important futures indices point to an increase of 0.3 percent. Futures reduced their rise after the Dow component Home Depot had missed sales estimates and the home improvement retailer …

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Cannabis stocks are a red sea as sell-off ranges up to the sixth straight day

Cannabis shares turned red again on Monday, with Aurora Cannabis slipping another 9% after disappointing earnings, and MedMen slipping 17% as a result of job cuts and asset sales. The ETFMG Alternative Harvest ETF MJ, -3.07% recently dropped 2.3%, with 23 of its 36 member stocks lower. The ETF has fallen for six consecutive days, dropping 34% year-to-date. The Horizons …

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Premarket Stocks: The light money boom is coming to an end

However, with the global economy slowing, dividend growth has fallen back to the bottom. "We have warned investors year-round that the rapid growth in income they have seen in recent years will return to more normal levels," said asset manager Janus Henderson in a report released Monday. The trend started in the second quarter and continued in the third. Although …

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The yield disappointment of Canopy Growth leads to new pain in cannabis stocks

The shares of Canopy Growth Corp. dropped more than 17% on Thursday, plummeting after the company was weaker than expected after the recent slap in the troubled cannabis sector in the second fiscal quarter. The ETFMG Alternative Harvest ETF MJ, -4.22% declined by 5.4%, with 26 of its 36 constituents, led by Canopy, declining. The Horizons Marijuana Life Sciences ETF …

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European stocks are under China's trade concerns and German economic data of the "worst of all worlds"

European equities fell on Thursday amid concerns over US-China trade talks, as data showed a stagnant economy in Germany. The Stoxx Europe 600 SXXP, -0.12% fell 0.08% to 405.52, which is still near its record-breaking 414.06 and corporate bonds, "strategists from Citi said forecast the Stoxx 600 at 420 by the end of 2020. The German DAX DAX, -0.32% fell …

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Asian stocks retreat as China's growth slows more deeply By Reuters

By Stanley White and Tom Westbrook TOKYO / SINGAPORE (Reuters) – Asian equities fell on Thursday after weak economic data in China and Japan showed that the Beijing-Washington trade war had increased in some of the world's largest economies , MSCI's broadest index for Asia-Pacific equities outside Japan fell 0.3%. The Japanese stock index continued to fall, falling 0.8%. The …

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