S&P 500 inches higher as rising Treasury yields spark volatile trade
The VR device starts at $499 and is expected to hit the shelves on Oct. 10Cannabis stocks were caught up in the broader market slide and gave up intraday gains despite optimism that cannabis-related companies are inching closer to securing the right to access banking system services.
The U.S. Senate Banking Committee voted to advance the Secure and Fair -- Enforcement Regulation Banking Act, or the SAFER Banking Act, which seeks to ensure that all legal cannabis have access to the banking system – to the Senate floor. Cannabis, which is legal for recreational or medical use in 39 states, remains banned under federal law, preventing marijuana companies from access to banking services needed to boost finances.
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