The Dow Jones Industrial Average gained back more than 500 points today after the U.S. Federal Reserve cut rates in response to coronavirus fears. The central bank cut rates by 50 basis points, and the 10-year Treasury bond fell under 1% for the first time in history.
Former U.S. Vice President Joe Biden also celebrated a big victory on Super Tuesday. But coronavirus fears still dominate the headlines. More on this below.
First, here are the numbers from Tuesday for the Dow, S&P 500, and Nasdaq:
Now, here's a closer look at today's most important market events and stocks. We'll also discuss the stories that slipped under the radar of the mainstream financial press on Wednesday.
The National Institute for Cannabis Investors recently hosted the 2020 American Cannabis Summit with special guest Joe Montana. This event blew the doors to the cannabis industry wide open... revealing three of the most important numbers to look at before investing a single penny... how to potentially spot a MONSTER IPO... and why right NOW is the best time to dive in to this quickly growing industry. Hear what Joe and the Institute had to say at this one-of-a-kind event.
Four of the brightest minds in cannabis recently gathered at the 2020 American Cannabis Summit - and they revealed what could be the three hottest trends in cannabis this year. We're talking about plays with the potential for gains of 288%... 790%... even up to 1,000%. But you're going to want to jump on these trends before federal legalization - because once the institutional money starts pouring in, the prices could shoot through the roof. You can view the entire Summit right here.
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