Reuters – As Democratic nominee Joe Biden edged closer to claiming the presidency, investors were focused on the still-undecided race for control of the Senate and the potential consequences for taxes, regulation and the outlook for more stimulus on Nov. 6. The benchmark S&P 500 had jumped nearly four per cent since election day, driven in part by expectations that divided control
Investors focus on undecided U.S. Senate
As Biden edged in on presidency attention turned to stimulus, taxes, regulation
Cannabis funds inch higher after touching all-time lows
The legal weed sector faces declining market fundamentals
Reuters – Exchange-traded funds that invest in cannabis stocks rebounded March 10, one day after a global equity rout dropped them to all-time lows. The $509-million ETFMG Alternative Harvest ETF gained 2.2 per cent in afternoon trade, while the $318-million Horizon Marijuana Life Sciences ETF rose 1.8 per cent during a market rally that pushed
Climate change has U.S. fund managers adjusting agriculture investments
New York | Reuters — After historic floods devastated Midwestern agricultural states this spring, some fund managers are evaluating how climate change will affect the long-term value of companies that make or sell products ranging from tractors to fertilizer. The issue is not simply the unpredictability of weather. Instead, fund managers say, they are struggling