The TSX is up 64 points at midday, led by strong gains in cannabis stocks. The healthcare sector (which includes cannabis companies) is the biggest gainer, up 4%. Info tech is the second biggest gainer, up 0.8%.
Limiting gains are declines in miners (-0.7%) and energy (-0.2%).
In stocks, Canopy Growth WEED is up 22% and is the most actively traded, with near 7 million shares changing hands. Auxly Cannabis XLY, up 28% is the second most actively traded, followed by Tilray
TLRY, up 11.6%.
Oil prices edged higher early on Tuesday as fresh US inventory data is awaited.
Gold pushed back above the US$2,200 mark as buying interest continues ahead of expected interest-rate cuts from central banks as inflation slows.
Natural gas was steady as the shoulder season takes hold with spring temperatures offering little demand gains.
In terms of clues as to the future rates path across North America, Wells Fargo Investment Institute (WFII)…


