Buy the previous ‘don’t touch’ marijuana stock and sell the darling
A tale of two marijuana stocks — Aphria and Tilray. See full story.
Uber and Lyft’s long-awaited IPOs could crash into government-shutdown wall
The U.S. government shutdown, now in its 21st day, is disrupting the initial public offering process and may cause delays in some of the bigger deals expected in 2019, including those of ride-sharing services Uber and Lyft. See full story.
High-end cars and other luxury goods join Apple in feeling effect of China’s slowdown
Automobile makers join luxury-goods companies in seeing demand dented as China’s economy slows and Chinese consumers’ mood takes a turn for the worse. See full story.
Consumer inflation falls for first time in 9 months due to lower gas prices, CPI shows
Falling gasoline prices curbed inflation at the end of 2018, giving Americans a bigger financial cushion and potentially allowing the Federal Reserve to bide its time on raising U.S. interest rates. See full story.
The SPDR Dow Jones Industrial Average ETF (DIA) was trading at $239.56 per share on Friday afternoon, down $0.44 (-0.18%). Year-to-date, DIA has declined -2.36%, versus a -2.66% rise in the benchmark S&P 500 index during the same period.
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