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Stockhouse @ the Bell: Omicron Still Weighs on the Markets

Stockhouse Editorial
1 Comment| December 9, 2021

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As crude prices weakened following increased restrictions in parts of the world to counter the Omicron coronavirus variant, futures for Canada’s main stock index fell on Thursday. After measures by some governments to slow the spread of the Omicron variant, oil prices eased though losses were capped by positive comments from vaccine makers. The health care and tech markets moved higher.

Markets struggled to hold on to gains made over the past three sessions, despite fresh data from the US labor department that showed the number of Americans filing initial jobless claims fell to the lowest level in five decades. Weekly jobless claims fell to their lowest level since 1969, below the pre-pandemic average of about 220,000 per week. Investors continue to digest the risks of Omicron infections.

Today in the Markets

TSX 20,912.09 -165.26 Click to enlarge
TSXV 911.16 -13.50 Click to enlarge
CSE 553.06 +2.35 Click to enlarge
DJIA 35,811.69 +55.08 Click to enlarge
NASDAQ 15,545.95 -241.33 Click to enlarge
S&P 500 4,676.44 -24.38 Click to enlarge

The Canadian dollar traded for 79.10 cents US compared with 79.11 cents US on Wednesday.

Crude oil prices were down 0.78 to $71.58.

The price of gold was down 6.33 to $1,777.31.

In world markets, the Nikkei was down 135.15 points to 28,725.47, the Hang Seng was up 257.99 points to 24,254.86, the FTSE was down 15.44 points to 7,321.61, and the DAX was down 47.08 points to 15,640.01.

Top 10 Bullboards:

Company Ticker Views
Theralase Technologies Inc. V.TLT 4510
Datametrex AI Ltd V.DM 3164
Great Bear Resources Ltd. V.GBR 2213
PyroGenesis Canada Inc. T.PYR 2014
New Found Gold V.NFG 890
Bombardier Inc. T.BBD.A 873
Chalice Brands Ltd. C.CHAL 805
Xebec Adsorption Inc T.XBC 707
CGX Energy Inc V.OYL 690
Fury Gold Mines Limited T.FURY 623

Today in the News:

Banxa Holdings Inc. | Banxa Submits Application for NASDAQ Capital Market Uplist
Northstar Gold Corp | Northstar Gold Corp. Announces DTC Eligibility
Liquid Avatar Technologies Inc Com | Liquid Avatar Technologies Provides Business Update
PlantX Life | PlantX Announces Record-Breaking Black Friday and Cyber Monday Revenue
New Age Metals Inc. | New Age Metals Completes Maiden Drill Program at its Lithium Two Project in Manitoba, Canada
FSD Pharma Inc. | FSD Pharma Establishes New Regulatory Advisory Board with the Appointment of Joga Gobburu, Ph.D., and Mary Melnyk, Ph.D., as Members
Gratomic Inc | Gratomic Announces Initial Exploration Results on Capim Grosso Graphite Project in Brazil
Lithium Chile Inc. | Lithium Chile Completes Reconaissance Exploration Program on Apolo and Sancarron Gold-Siver Properties In Chile (TSXV:LITH) (OTCBB:LTMCF)
Tenet Fintech Group Inc. | Tenet Signs Revenue Sharing Partnership Agreement with PetroChina to Service Gas Station Convenience Stores
FansUnite Entertainment Inc. | Victory Square Technologies Provides Corporate Update as at December 9, 2021
Nextech AR Solutions Corp | Nextech AR to Present at "The Metaverse & Augmented Reality Labs" Event with Technology And Edtech Partners
Orford Mining Corp. | Orford Mining and Wyloo Metals Identify Geophysical Drill Targets on the High-Grade West Raglan Nickel, Copper, Cobalt PGE Property
Wallbridge Mining Company Ltd. | Wallbridge Announces Fenelon Resource Drill Results
Leucrotta Exploration Inc. | Leucrotta Exploration Announces Results of Phase 1 Mica Pad Development
Baselode Energy Corp. | Baselode's Webinar Provides Comparisons of Assay Results from Drill Hole AK21-01
Komo Plant Based Foods Inc | Komo Plant Based Foods Launches Ready-to-Eat Foods on SkipTheDishes
Legible Inc. | Legible Announces Appointment of Wai-Ming Yu as Chief Revenue Officer (CRO)
Tocvan Ventures | Tocvan Updates on Trenching Program at its Pilar Au-Ag Project
Datametrex AI Ltd | Datametrex 1copy(TM) COVID-19 qPCR Multi Kit Detects the Omicron Variant
Billy Goat Brands Ltd. | Billy Goat Brands' Investee Sophie's Kitchen to Exhibit at the Plant Based World Expo in New York
Orford Mining Corp. | 2021 Exploration Program Results Update on the District Scale Qiqavik Gold Property
Fission 3.0 Corp. | Fission 3.0 Corp. Announces Upsize of Brokered Private Placement to up to C$7.5 Million
G2 Technologies Corp | G2 Technologies Provides Corporate Update
Extreme Vehicle Battery Technologies Corp. | EV Battery Tech Closes Acquisition of Large-Scale Crypto Mining Infrastructure Company

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