Canada’s main stock index stocks were nearly flat on Thursday as losses in miners and energy stocks dampened some optimism arising from soft U.S. inflation data that lifted Wall Street. In Toronto, the energy sector slipped 0.4% while oil prices held steady but were below recently hit two-month highs, while the mining-heavy material sector fell about 0.7% as gold prices weakened.
Today in the Markets
The Canadian dollar traded for 79.99 cents U.S. today, compared with U.S. on 79.95 cents Wednesday.
Crude oil prices were down 0.44 to $82.20.
The price of gold was down 6.60 to $1,820.70.
In world markets, the Nikkei was down 276.53 points to 28,489.13, the Hang Seng was up 27.60 points to 24,429.77, the FTSE was up 12.13 points to 7,563.85, and the DAX was up 21.27 points to 16,031.59.
Top 10 Bullboards
Today in the News
| Mobi724 Global Solutions Inc. | The Power Play by The Market Herald Releases Interviews with Datametrex, QuestEx, Metal Energy, and Mobi724 |
| Datametrex AI Ltd | The Power Play by The Market Herald Releases Interviews with Datametrex, QuestEx, Metal Energy, and Mobi724 |
| Questex Gold & Copper Ltd. | The Power Play by The Market Herald Releases Interviews with Datametrex, QuestEx, Metal Energy, and Mobi724 |
| Metal Energy Corp. | The Power Play by The Market Herald Releases Interviews with Datametrex, QuestEx, Metal Energy, and Mobi724 |
| Angold Resources | Angold Samples up to 11.85 g/t Gold at Dorado, Chile |
| Questex Gold & Copper Ltd. | QuestEx Gold & Copper Samples 51.7 g/t Gold and Defines new Geophysical Target at Black Bluff, KSP Property, Golden Triangle |
| Gitennes Exploration Inc. | Gitennes Mobilizes Drill for Second Phase Diamond Drill Programme, New Mosher Gold Property, Chapais-Chibougamau area, Quebec |
| Belmont Resources Inc. | Belmont Identifies Five Priority Drill Targets From IP Survey on Its Flagship CBC Property |
| Rover Metals Corp. | Rover Metals Announces Infill and Delineation of the New Andrew Zone at Cabin Gold, NT, Canada |
| Sprout AI | Sprout AI Inc. Announces the Change of Its Fiscal Year-End |
| K9 Gold Corp. | K9 Completes Successful 2021 Exploration Program at Stony Lake Project |
| Northstar Gold Corp | Northstar Expands Allied Syenite Gold Zone and Makes New Au-Cu Discoveries at Miller Gold Property |
| Hank Payments Corp. | Hank Payments Expands Leadership Team Appoints Chief Digital and Marketing Officer |
| Railtown AI Technologies Inc. | Vivos Solutions Chooses Railtown AI |
| Sitka Gold Corp - Ordinary Shares | Sitka Gold Provides Year End Review and Exploration Plans for 2022 |
| Xebra Brands | Xebra Satisfies All Conditions to Own 100% of Mexican Subsidiary Granted Supreme Court Injunction |
| Rockwell Medical Inc. | Rockwell Medical Announces Regulatory Approval of Triferic® AVNU in South Korea |
| Cloud DX | Cloud DX Receives Partnership Funding for Clinical Research of Next Generation Wrist-Worn Vital-Sign Monitoring Device |
| Rockcliff Metals Corp | Rockcliff Metals Provides Corporate Update |
| Quipt Home Medical Corp. | Quipt Provides Bi-Weekly Status Update |
| Mobi724 Global Solutions Inc. | Mobi724 Announces Multi-Country Card-Linked Campaigns with Visa |
| FansUnite Entertainment Inc. | FansUnite Provides Update on American Affiliate |
| Bunker Hill Mining Corp | Bunker Hill Geophysics Survey Identifies Large-Scale, Near-Surface Anomalies to the South of Existing Mine Footprint |
| Komo Plant Based Foods Inc | Komo Plant Based Foods to Launch in Whole Foods Market Retail Locations in Western Canada |
| CLS Holdings USA Inc | Outperforming The Market: CLS Holdings USA, Inc. Reports Its Second Quarter Results with Latest 10Q |
Word on Wall Street
Wall Street’s main indexes opened higher after data showed U.S. producer prices rose modestly in December, while weekly jobless claims in the country rose unexpectedly in the first week of January. In the second big bump of 2022, U.S. mortgage rates rose to a high not seen since the start of the pandemic. The 30-year fixed-rate mortgage averaged 3.45% in the week ending January 13; up from an average 3.22% the week before. It is the highest the average rate has been since March 2020, when it hit 3.5%.
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