Canada's main stock index had a marginal boost Friday, as a strong domestic jobs report fed into global concerns about faster withdrawal of central bank support that has kept investors on edge this week. For now, the stronger-than-expected domestic data raised expectations for the start of a policy tightening cycle by the Bank of Canada in the coming months.
Today in the Markets
The Canadian dollar traded for cents 79.06 U.S. compared with 78.56 cents U.S. on Thursday.
Crude oil prices were down 0.75 to $78.71.
The price of gold was up 7.90 to $1,797.10.
In world markets, the Nikkei was down 9.31 points to 28,478.56, the Hang Seng was up 401.39 points to 23,474.25, the FTSE was up 34.91 points to 7,485.28, and the DAX was down 104.29 points to 15,947.74.
Top 10 Bullboards
Today in the News
Falcon Gold Corp | Falcon's Chief Executive Officer, Issues Corporate Update Letter |
Tenet Fintech Group Inc. | Tenet CEO to Provide Business Update and Address Recent Stock Performance in Q&A Interview |
Tenet Fintech Group Inc. | PKKFF/TNT Investors Have Opportunity to Lead Tenet Fintech Group Inc. f/k/a Peak Fintech Group Inc. Securities Fraud Lawsuit |
Rockwell Medical Inc. | Rockwell Medical, Inc. to Present at H.C. Wainwright BioConnect 2022 Conference |
Outback Goldfields Corp. | Outback Goldfields Virtually Opens the Market |
Kovo HealthTech Corporation | Kovo HealthTech Taps Former Anheuser-Busch Veteran Mark Detz as Senior VP, Finance |
Novo Resources Corp. | 2022 - A Year of Growth for Novo Resources |
Komo Plant Based Foods Inc | Komo Plant-Based Foods Begins United States Expansion with Appointment of U.S. Sales Agent |
Siyata Mobile Inc. | Siyata Mobile Announces Pricing of $20 Million Underwritten Public Offering |
Empower Clinics Inc | Empower Clinics Announces Closing of C$3.0 Million Private Placement Financing |
Revive Therapeutics Ltd. | Revive Therapeutics Clarifies Status of Its Phase 3 Clinical Trial for Bucillamine in COVID-19 |
Cybin Inc. | Cybin Announces Additional Adelia Milestone Achievement |
Ucore Rare Metals Inc. | The Power Play by The Market Herald Releases New Interviews with Nextech AR, Outback Goldfields, Baseload Energy Corp., and Ucore Rare Metals |
Baselode Energy Corp. | The Power Play by The Market Herald Releases New Interviews with Nextech AR, Outback Goldfields, Baseload Energy Corp., and Ucore Rare Metals |
Nextech AR Solutions Corp | The Power Play by The Market Herald Releases New Interviews with Nextech AR, Outback Goldfields, Baseload Energy Corp., and Ucore Rare Metals |
Outback Goldfields Corp. | The Power Play by The Market Herald Releases New Interviews with Nextech AR, Outback Goldfields, Baseload Energy Corp., and Ucore Rare Metals |
Word on Wallstreet
Wall Street indexes were flat after data confirmed U.S. employment rose far less than expected in December amid worker shortages. Job gains could remain moderate in the near term as spiraling COVID-19 cases disrupt economic activity. Stocks were mixed Friday after the U.S. government reported that just 199,000 jobs were added in December, significantly less than economists expected. However, a record 6.4 million jobs were created in 2021. This was the largest annual increase in employment since record-keeping started in 1939, a milestone hailed by President Joe Biden, who celebrates his first anniversary in the White House on January 20
th.
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