[ad_1]
Canadian cannabis growers, who were currently leading the charge on Bay Street, had a great time.
Led by Aprhia Inc., the health care sector focused on marijuana stocks led gains of 4.9%.
Aphria shares gained an additional 12.8% to reach $ 14.21 per share after short-selling vendor Andrew Left announced he was making profits for the company.
Left noted that Aphria shares have risen 60% since it predicted in December that the company's shares would reach $ 8.00 by the end of 2018.
The Cronos group (11.9%) and Aurora Cannabis (8.7%) joined Aphria.
Overall, the TSX gained 96 points and nine of the 11 sectors increased.
Oil prices fell 51 cents to 54.75 USD a barrel, amid worries over the slowdown in the global economy and the decline of the greenback. However, crude reached a two-month high thanks to OPEC efforts to limit supply and US sanctions against Venezuela.
In New York, the Dow Jones index rose 175 points and the Nasdaq 83 points, which is an advance on the financial results of companies and the strong performance of the technology sector.
The shares of FAANG, including Facebook, Apple, Amazon, Netflix and Google parent, Alphabet, have been proven.
Netflix and Apple grew by 3.3% and 2.8%, respectively.
Alphabet is expected to announce its results after the close of today. Other US giants, including General Motors and Disney, will release their results later this week.
US markets continue to ride the wave of the jobs report on Friday, showing that the US economy created 304,000 additional jobs in January.
Gold and the Canadian dollar have fallen today. The Canadian dollar weakened by 5 cents, to $ 0.7622, while gold lost $ 5.60 to $ 1 313 an ounce.
[ad_2]
Source link
