Antony Wilding

The S&P index recorded one new 52-week high and 29 new lows, while the Nasdaq recorded 12 new highs and 25 new lows. Declining issues outnumbered advancers for a 3.42-to-1 ratio on the NYSE and for a 3.46-to-1 ratio on the Nasdaq. 2018 June 19: Canada's Senate passed a bill on a 52-29 vote legalizing recreational marijuana use, making Canada the second country in the world to approve the creation of a legal marijuana market. The market is largely pricing in a 75-basis-point rate increase later in July, although concerns about the pace of future hikes have grown after a stronger-than-expected jobs report on Friday. The media frenzy created 'unprecedented demand', so the publisher moved the publi-cation date from Tuesday January 9 to Friday January 5 - making the lawyers's letter entirely moot and the book an immediate Amazon bestseller. Shares of Twitter Inc fell 6.5% after Casino Elon Musk, chief executive of Tesla, said on Friday he was terminating his deal to buy the social media company. Wall Street was off to a strong start in July after a brutal first half of the year, but traders are fearing another round of heavy selloff if company results fail to meet expectations this month.