Stock Markets Rise as Marijuana Stocks Show New Signs of LifePosted by On


The stock market’s advance slowed down on Thursday, but it didn’t stop entirely, and that was enough to make most market participants satisfied with the outcome of the trading session. The same general themes that we’ve seen lead the markets higher replayed themselves today, with hopes for better times ahead. The Dow Jones Industrial Average (DJINDICES:^DJI), S&P 500 (SNPINDEX:^GSPC), and Nasdaq Composite were up around 0.5% to 1%.

Today’s stock market

Index

Percentage Change

Point Change

Dow

+0.43%

+122

S&P 500

+0.80%

+27

Nasdaq Composite

+0.50%

+56

Data source: Yahoo! Finance.

It’s been a while since marijuana stocks were in their heyday. Yet the sector got a nice bump on Thursday, and some investors seem to have new hope that a big change in the industry could…

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