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Stockhouse @ the Bell: US Economy Records Fastest Growth Since ‘84

Stockhouse Editorial
2 Comments| January 27, 2022

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It was another day of volatility as Canada’s main stock index lost hold of early gains on Thursday. Heavyweight energy stocks tracked gains in oil prices pushing that market higher, while hawkish signals from central banks on both sides of the border alleviated uncertainty over policy tightening plans this year. Industrials started the day leading the positive movement, but turned south by close. The financial, utilities, and telecom sectors also clocked in solid performances.

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Logiq Completes Separation of AppLogiq and DataLogiq into Two Publicly Traded Companies


US markets also fell from earlier gains, as investors had welcomed faster-than-expected acceleration in the last quarter. Traders continue to sweat concerns that the US Federal Reserve is now pricing in five increases in US interest rates this year, after it said would act to bring down inflation, which hit a 40-year high of 7% last month.

Today in the Markets

TSX 20,544.11 -51.78 Click to enlarge
TSXV 830.41 -15.88 Click to enlarge
CSE 445.33 -12.47 Click to enlarge
DJIA 34,160.78 -7.31 Click to enlarge
NASDAQ 13,352.78 -189.34 Click to enlarge
S&P 500 4,326.51 -23.42 Click to enlarge

The Canadian dollar traded for 78.65 cents US compared with 79.55 cents US on Wednesday.

Crude oil prices were down 0.75 to $86.52.

The price of gold was down 27.58 to $1,794.57.

In world markets, the Nikkei was down 841.03 points to 26,170.30, the Hang Seng was down 482.90 points to 23,807.00, the FTSE was up 84.53 points to 7,554.31, and the DAX was up 64.88 points to 15,524.27.


Top 10 Bullboards:

Company Ticker Views
Theralase Technologies Inc. V.TLT 4069
PyroGenesis Canada Inc. T.PYR 2587
Datametrex AI Ltd V.DM 2447
Exro Technologies Inc. T.EXRO 1729
CGX Energy Inc V.OYL 1583
Chalice Brands Ltd. C.CHAL 1455
ARC Resources Ltd T.ARX 1064
HEXO Corp. T.HEXO 979
Tantalex Resources C.TTX 965
Baytex Energy Corp T.BTE 937


Today in the News:

Quipt Home Medical Corp. | Quipt Home Medical Announces Date and Time for Q4 and Full Year Fiscal 2021 Conference Call and Audio Webcast
East Side Games Group | The Office: Somehow We Manage Mobile Game Available Now
Generation Mining Ltd. | Generation Mining and Biigtigong Nishnaabeg First Nation Announce Memorandum of Agreement
Queensland Gold Hills Corp. | Queensland Gold Hills Acquires 90-Square-Kilometre Titan Gold Project Adjacent to Big Hill Gold Project
PyroGenesis Canada Inc. | PROGRESSIVE PLANET ENGAGES PYROGENESIS CANADA INC FOR POZGLASS 100G SCM OPTIMIZATION FEASIBILITY STUDIES
Global Energy Metals Corp. | Global Energy Metals Closes Sale of New 1% NSR Royalty on Norway-Based Rana Nickel Project; Provides Update on Lovelock Drill Program
NEO Battery Materials Ltd | 2022 The Year for Electric Vehicles- How Battery Makers and Automakers Are Making EV's a Reality
Tenet Fintech Group Inc. | Tenet Unveils New Brand Identity
Cybin Inc. | Cybin to Announce Third Quarter Financial Results and Business Update on February 10, 2022
Forward Water Technologies Corp. | Forward Water Technologies Announces Signing of a Letter of Intent with Membracon UK
Nextech AR Solutions Corp. | Nextech AR Launches Shopify App For 3D Model Making
Dynacor Gold Mines Inc | Dynacor Declares February 2022 Monthly Dividend
Komo Plant Based Foods Inc | Komo Plant Based Foods Introduces Komo Plant-Based Desserts Line
Puma Exploration Inc. | Puma Exploration Reports Up to 371 G/T Gold in Surface Rock Samples
SKRR Exploration Inc | Eagle Plains & SKRR Exploration Announce 2022 Winter Drilling Program at Olson Gold Project, Saskatchewan
Forbidden Spirits Distilling Corp. | Forbidden Spirits Retains Merger & Acquisition Specialists
Angold Resources | Angold Provides Update of Field Work, Discovers New Zones at Cordillera, Chile
Givex Information Technology Group Ltd. | Givex Completes Acquisition of Kalex Equipment Services
Nextech AR Solutions Corp. | The Power Play by The Market Herald Releases New Interviews with Outback Goldfields, Avrupa Minerals, Nextech AR, and QuestEx
Outback Goldfields Corp. | The Power Play by The Market Herald Releases New Interviews with Outback Goldfields, Avrupa Minerals, Nextech AR, and QuestEx
Questex Gold & Copper Ltd. | The Power Play by The Market Herald Releases New Interviews with Outback Goldfields, Avrupa Minerals, Nextech AR, and QuestEx
Avrupa Minerals Ltd. | The Power Play by The Market Herald Releases New Interviews with Outback Goldfields, Avrupa Minerals, Nextech AR, and QuestEx
Libero Copper & Gold Corporation | Anglo Asian Mining plc - Strategic investment in Libero Copper & Gold Corporation



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