Equities sharply negative by noon
Canada’s main stock index dropped some of its strength on Friday, propped up by gains in mining and industrial shares and strong jobs data.
Canada’s main stock index dropped some of its strength on Friday, propped up by gains in mining and industrial shares and strong jobs data.
Summary
Canadian equities investors see a whole lot of green when it comes to cannabis-related stocks … and we’re not just talking about the product. The market performance of companies involved in marijuana cultivation and its medicinal and recreational uses has been one of the biggest stories of the year.
An intriguing addition to any portfolio, cannabis equities have gained attention and momentum as economic, legislative and cultural factors dovetail.
As buying sentiment towards GEM and Asian equities trends lower, Luxembourg selectors take the opposite view
In a market wrap, analysts at ANZ explained that US equities have been under pressure after yesterday’s hawkish comments by US Fed Chair Powell and a confrontational speech aimed at China by US Vice President Pence saw a repricing of risk.
The United States is in the middle of a traditionally weak period for natural gas demand, and production is booming, yet prices for the fossil fuel are rocketing to the highest level since January.
As Amazon revs up its private label business with new household goods and clothing brands, the company is quietly rolling out another way to get more exclusive products onto the site.
Tesla CEO Elon Musk mocked the Securities and Exchange Commission in a tweet Thursday, calling the agency the “Shortseller Enrichment Commission,” days after settling fraud charges brought against him by the agency.
Markel Corporation (MKL) traded on unusually high volume on Oct. 02, as the stock lost 0.34% to close at $1,177.70. On the day, Markel Corporation saw 54,865 shares trade hands on 3,569 trades. Considering that the stock averages only a daily volume of 30,288 shares a day over the last month, this represents a pretty significant bump in volume over the norm.
News Corporation (NWS) traded on unusually high volume on Oct. 02, as the stock lost 1.03% to close at $13.39. On the day, News Corporation saw 1.1 million shares trade hands on 5,341 trades. Considering that the stock averages only a daily volume of 665,756 shares a day over the last month, this represents a pretty significant bump in volume over the norm.