Canada’s main stock index hit another record high on Monday, boosted by gains in health care and commodity-linked stocks, with sentiment getting a boost from the $1-trillion US infrastructure bill that was passed. The utilities sector was the lone decliner.
US stock indexes traded around record levels, with construction-related companies making some of the strongest gains after Congress passed its major infrastructure bill. Technology stocks were also among the strongest and helped to offset losses for utilities and companies that sell directly to consumers. Wall Street has been climbing steadily over the last month as a wave of reports has shown corporate profits were stronger during the summer than analysts expected. Investors’ concerns about inflation and the Federal Reserve starting to pull back on its massive efforts to support markets and the economy have been somewhat alleviated.
Today in the Markets
The Canadian dollar traded for 80.29 cents US compared with 80.24 cents US on Friday.
Crude oil prices were up $0.95 to $82.22.
The price of gold was up 8.59 to $1,824.82.
In world markets, the Nikkei was down 104.52 points to 29,507.05, the Hang Seng was down 106.74 points to 24,763.77, the FTSE was down 3.56 points to 7,300.40, and the DAX was down 7.84 points to 16,046.52.
Top 10 Bullboards:
Today in the News:
Red Pine Exploration Inc. | The Power Play by The Market Herald Releases Interviews with First Cobalt and Red Pine Exploration |
Affinor Growers Inc | Affinor Growers Files Patent for New Automated Vertical Farm Technology |
Golden Pursuit Resources Ltd. | Golden Pursuit Raising up to $900,000 to Advance Gordon Lake Project |
Banxa Holdings Inc. | Banxa Announces October Record Transaction Volume of $162 Million |
One World Lithium Inc. | Live Virtual Investor Conference: Critical and Precious Metals Company Executives Present November 10th & 11th |
Torq Resources Inc. | Torq Resources to Webcast Live at Critical and Precious Metals Conference Thursday, November 10, 2021 |
Fabled Silver Gold Corp. | Fabled Silver Gold Corp. to Webcast Live at VirtualInvestorConferences.com November 11th |
Liquid Avatar Technologies Inc Com | Liquid Avatar Technologies and Dynamics Inc. Tap Payment Infrastructure for Verification of Digital Credentials |
Sixth Wave Innovations Inc. | Sixth Wave Announces Addition of Honorable Grant Mitchell to the Board of Directors |
Cybin Inc. | Cybin Announces Positive CYB003 Data Demonstrating Significant Advantages Over Oral Psilocybin for Treatment of Mental Health |
GlobeX Data Ltd. | GlobeX Data Completes First SekurMessenger Government Sale |
NEO Battery Materials Ltd | Global Environmental Concerns Drive New Era for EV's and Batteries |
Black Tusk Resources Inc. | Black Tusk Resources INC. Initiates Airborne Magnetometer Survey On the Mogold and PG Highway Projects, Val-D'Or, Quebec |
FansUnite Entertainment Inc. | FansUnite Invites You to Join Us at the Q4 Virtual Investor Summit |
Avalon Advanced Materials | Avalon Advanced Materials Inc. Announces Participation in the Q4 Virtual Investor Summit |
Banxa Holdings Inc. | Banxa Holdings: Invitation to the Q4 Virtual Investor Summit |
Maven Brands Inc. | Maven Receives Sales Amendment to Health Canada License |
Nextech AR Solutions Corp | Nextech AR Solutions Corp. Announces Third Quarter 2021 Earnings & Conference Call |
Avicanna Inc. | Avicanna Inc. to Host Third Quarter 2021 Investor Conference Call on November 12 and Announces Warrant Repricing |
Mindset Pharma Inc. | Mindset Pharma Announces Poster Presentation of Preclinical Data for Benchmarking Next-Generation Psychedelics at Neuroscience 2021 |
Alphamin Resources Corp. | Alphamin Provides Mpama North and Mpama South Drilling Update |
Red Pine Exploration Inc. | Red Pine Intersects 3.08 g/t Gold over 55.66 metres at its New Discovery on the Wawa Project |
Libero Copper & Gold Corporation | Libero Announces Private Placement of up to C$5 Million |
Rockwell Medical Inc. | Rockwell Medical, Inc. to Report Third Quarter 2021 Financial and Operating Results on November 15, 2021 |
Generation Mining Ltd | Generation Mining reports on Biiwobik Prospect drilling and summer surface exploration results |
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