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Stocks

“Marijuana stocks could see more than 50% boost, says top analyst”

January 8, 2021

“…“We’re still working through the models because we don’t have visibility around the timing of [legislation] but we would anticipate either the back half of ’21 or the first half of ’22,” Azer said. “But what we have asserted is… Continue Reading…

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Economy, Stocks

“Dow jumps more than 800 points, Nasdaq hits a record after surprise jobs surge boosts recovery bets”

June 8, 2020

“The Nasdaq Composite became the first of the three major averages to climb back to an all-time high, advancing 2.0%, or 198.27 points, to 9,814.08 on Friday and touching an intraday record of 9,845.69. After tumbling as much as 25% earlier this… Continue Reading…

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Stocks

“Dow soars 700 points for biggest jump in a month, boosted by coronavirus vaccine hope”

May 18, 2020

“Stocks rallied on Monday, rebounding from losses last week, as news from a Moderna trial stoked optimism about a potential coronavirus vaccine.  The Dow Jones Industrial Average traded 700 points higher, or nearly 3%. The S&P 500 gained 2.5% while the Nasdaq Composite advanced 1.7%… Shares… Continue Reading…

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Economy

“January adds a much stronger-than-expected 225,000 jobs, with a boost from warm weather”

February 10, 2020

“The unemployment rate ticked higher to 3.6%, but for the right reason as the labor force participation rate increased 0.2 percentage points to 63.4%, matching its highest level since June 2013, according to data released Friday by the Labor Department…… Continue Reading…

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Stocks

“Nasdaq tops 9,000 on boosts from Amazon, trade optimism”

December 31, 2019

“The Nasdaq crossed the 9,000-point mark for the first time on Thursday as all three major Wall Street indexes posted record closing highs, boosted by optimism over U.S.-China trade relations and gains in shares of Amazon.com after a report signaled… Continue Reading…

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Economy

“Mnuchin says trade deal with China to boost global economy”

December 16, 2019

“…The United States and China cooled their trade war on Friday, announcing a “phase one” agreement that reduces some U.S. tariffs in exchange for what U.S. officials said would be a big jump in Chinese purchases of American farm products… Continue Reading…

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