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1 Article
Source: Common Domain

Gold moves up from low of the year, tracking higher oil and weaker stocks

Tuesday 10:50 GMT

Gold prices pushed up from the four-month low reached in recent sessions, in part as oil gains lifted the specter of inflation risk, against which gold can act as a hedge, and as stock futures pointed to a lower start for riskier assets.

Oil prices surged on Monday amid reports the U.S. will announce the end of waivers for countries to import Iranian oil, as part of a bid by the Trump administration to push Iran’s exports to zero.

1 Article
Source: Common Domain

Canopy Growth leads cannabis stocks higher after GMP upgrades to buy

Tuesday 14:32 GMT

Cannabis stocks were mostly higher on Monday, with Canopy Growth Corp. leading the gainers after two bullish analyst notes highlighting the merits of a deal announced last week.

GMP analyst Martin Landry upgraded Canopy CGC, +5.50% WEED, +4.95%  to buy from hold, after the company last week bought the rights to acquire U.S. multistate operator Acreage Holdings Inc. as soon as cannabis is legalized in the U.S. The stock soared 5.3% in early trade.

1 Article
Source: Common Domain

This overlooked group of stocks can give you better returns with less risk over time

Wednesday 16:21 GMT

Here are performance figures for two of the fund’s share classes (net of fees and excluding any sales charges) against their Morningstar category, the Russell Mid-Cap Index, the Russell Mid-Cap Growth Index and the S&P 500:. Don’t miss: Corona and Canopy: A mix of beer and pot that could juice your stock portfolio

Definitions of stocks’ asset-size classes differ, but the Russell Mid-Cap Index RMCC, +0.99%  included 784 stocks a median market capitalization of $8.1 billion as of March 31.


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