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Stockhouse @ the Bell: Energy Boost Powers TSX Comeback

Stockhouse Editorial
2 Comments| January 25, 2022

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Weaker metal prices may have weighed on mining stocks, but a rebound in the energy marked helped push Canada's main stock index higher on Tuesday and break a three-session losing slide. Investors assessed upcoming central bank meetings in Canada and the US that will likely signal an end to easy monetary policy. The tech sector led decliners, with utilities and industrials not far behind.

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Nextech AR Joins Khronos Group as a Contributing Member

Wall Street’s major indexes also tumbled again as investors await the Federal Reserve’s policy-setting meeting. Traders are worried about impending rate hikes and a lacklustre start to earnings season. Also weighing on markets: The International Monetary Fund’s downgrade on its economic forecasts as uncertainty around Omicron and inflation intensifies.

Today in the Markets

TSX 20,590.98 +19.68 Click to enlarge
TSXV 874.21 +8.80 Click to enlarge
CSE 457.26 -1.23 Click to enlarge
DJIA 34,297.73 -66.77 Click to enlarge
NASDAQ 13,539.30 -315.83 Click to enlarge
S&P 500 4,356.45 -53.68 Click to enlarge

The Canadian dollar traded for 79.10 cents US compared with 79.12 cents US on Monday.

Crude oil prices were up 1.14 to $84.30.

The price of gold was up 2.84 to $1,846.40.

In world markets, the Nikkei was down 457.03 points to 27,131.34, the Hang Seng was down 412.85 points to 24,243.61, the FTSE was up 81.42 points to 7,378.57, and the DAX was up 112.74 points to 15,123.87.

Top 10 Bullboards:

Company Ticker Views
Theralase Technologies Inc. V.TLT 3744
Datametrex AI Ltd V.DM 2998
Exro Technologies Inc. T.EXRO 1967
Therma Bright Inc V.THRM 1796
Bombardier Inc. T.BBD.A 1354
Fobi Ai Inc V.FOBI 1186
HEXO Corp. T.HEXO 1171
Quarterhill Inc T.QTRH 980
PyroGenesis Canada Inc. T.PYR 848
Cruz Battery Metals Corp. C.CRUZ 845

Today in the News:

Bald Eagle Gold | Bald Eagle Announces Executive Officer Appointments
Avrupa Minerals Ltd. | Avrupa Reports Drill Results for 113.8-meter mineralized sulfide intercept in SES21-044 at Sesmarias North, Alvalade Project, Portugal
Rover Metals Corp. | Rover Metals Announces Results of Ground IP Survey at Its Cabin Gold Project, NT, Canada
Hank Payments Corp. | Hank Payments Provides Corporate Update
Sixth Wave Innovations Inc | Sixth Wave AMIPs(TM) Technology Provides Opportunity for Less Invasive, Less Expensive Testing
Pathfinder Ventures | Pathfinder Ventures Pledges to Support Electric RVs at all Pathfinder Camp Resorts
Xebra Brands | Xebra Satisfies Conditions to Licence Unique Water-Soluble Cannabinoid Emulsion IP - Backed by Human Trials
Tenet Fintech Group Inc. | Tenet Appoints Accomplished Organizational Executive as Vice President of Operations for Cubeler Division
Callinex Mines Inc. | Callinex Commences Trading on the OTCQX
Blue Star Gold | Blue Star Gold Expands Hood River Mineral Exploration Agreement Adding Several High-Quality Gold Target Areas
Bee Vectoring Technologies International Inc | Bee Vectoring Technologies Announces Entry into Peru, the #1 Exporter of Fresh Blueberries in the World
VVC Exploration Corp | VVC Engages Foreland Operating to Manage Helium Production
The Hash Corp | The Hash Corporation and Fritz's Cannabis Company Partner to Bring Hash Rosin Gummies to Ontario Consumers for the First Time
Nextech AR Solutions Corp | Nextech AR Joins Khronos Group as a Contributing Member
Callinex Mines Inc. | OTC Markets Group Welcomes Callinex Mines Inc. to OTCQX
Mindset Pharma Inc. | Mindset Pharma Enters Manufacturing Agreement with Leading CDMO to Produce Pharmaceutical Grade Batches of Next-Generation Psilocybin Drug Candidate, MSP-1014
Bunker Hill Mining Corp | Bunker Hill Announces MOU with Teck for Purchase of Pend Oreille Process Plant
Komo Plant Based Foods Inc | Komo Plant Based Foods to be Available for Online Purchase Across the United States through GTFO It's Vegan
Good Natured Products Inc. | The Future is Earth Friendly: good natured® Partners with Plant-based Divvies for Sustainable Packaging
Just Kitchen Hldgs | JustKitchen Announces Opening of Second Hong Kong Location and Sanchong Ghost Kitchen in Taiwan
Brascan Gold | Brascan Gold Activates Earn-in Option on the Alegre Gold Project in Northeastern Brazil
Graph Blockchain Inc. | Graph Blockchain to Acquire Charity Focused NFT Company

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