Renewable energy, pot stocks top losers as election results leave Wall Street hanging

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 66%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Renewable energy and cannabis-related stocks, tipped to gain under a Joe Biden administration, were among the hardest hit on Wall Street on ...

REUTERS: Renewable energy and cannabis-related stocks, tipped to gain under a Joe Biden administration, were among the hardest hit on Wall Street on Wednesday, as traders adjusted to overnight results that left the presidential election hanging in the balance.

Another instrument representing the developing sector, the iShares Global Clean Energy ETF , fell 2per cent.Major cannabis producers surged after the vice presidential debate, when vice-presidential candidate Kamala Harris said marijuana would be decriminalized at the federal level under a Biden administration.The ETFMG Alternative Harvest ETF slipped 1.9per cent, putting it on track for its worst day in nearly two months.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Being cancer-stricken and begging CPF Board to repay overdue debt; that which in any case cannot be done as the money had been commingled and funneled to private entity Temasek Holdings for Ho Ching to wager on unviable, untenable and ultimately, invariably doomed gambles

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines