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Stockhouse @ the Bell: Markets Leap on Broad Rally

Stockhouse Editorial
2 Comments| February 9, 2022

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Canada’s main stock index rose by double digits in Wednesday trading led by gains in the industrial sector that helped lead a broad rally, with energy and tech not far behind.

Sponsored by
Successful Completion of Torch Factory Acceptance Test for Multi Billion Dollar International Iron Pellet Producer

High-growth stocks gained ground south of the border as well, thanks to a recent rally in Treasury yields also pushed US markets higher, while investors embraced upbeat earnings reports and signs of easing tensions in Ukraine.

Today in the Markets

TSX 21,604.19 +79.14 Click to enlarge
TSXV 875.00 +16.47 Click to enlarge
CSE 506.92 +21.52 Click to enlarge
DJIA 35,786.06 +305.28 Click to enlarge
NASDAQ 14,490.37 +295.92 Click to enlarge
S&P 500 4,587.18 +65.64 Click to enlarge

The Canadian dollar traded for 78.88 cents US compared with 78.72 cents US on Tuesday.

Crude oil prices were down 0.17 to $89.19.

The price of gold was up 24.77 to $ 1,832.77.

In world markets, the Nikkei was up 295.35 points to 27,579.87, the Hang Seng was up 500.50 points to 24,829.99, the FTSE was up 76.35 points to 7,643.42, and the DAX was up 239.63 points to 15,482.01.

Top 10 Bullboards:

Company Ticker Views
Theralase Technologies Inc. V.TLT 9237
PyroGenesis Canada Inc. T.PYR 3429
Baytex Energy Corp T.BTE 2336
Bombardier Inc. T.BBD.A 2324
Canopy Growth Corporation T.WEED 2244
Datametrex AI Ltd V.DM 2229
Xebec Adsorption Inc T.XBC 2157
CGX Energy Inc V.OYL 1908
Quarterhill Inc T.QTRH 1789
Tantalex Resources C.TTX 1370

Today in the News:

Sirios Resources Inc | Sirios Announces New Drill Results Confirming the Continuity of Gold Mineralization at the Cheechoo Gold Deposit
Nexus Gold Corp. | Nexus Gold Reports Initial Assay Results from December Drilling at the Mckenzie Gold Project, Red Lake, Ontario
RooGold | RooGold Announces Appointment of Carlos Espinosa as New CEO
Global Energy Metals Corp. | Global Energy Metals Receives Approval to Drill the Treasure Box Copper-Cobalt Project in Nevada
Belmont Resources Inc. | Belmont Receives 5 Year Drill Permit for Come By Chance Property
Bee Vectoring Technologies International Inc | Bee Vectoring Technologies' Recent Rutgers University Trial Demonstrated up to 84% Improvement in Disease Control and up to 60% Increase in Crop Yield
NEO Battery Materials Ltd | The EV Wave Continues: Positive Financials, Government Grants and Battery Solutions Drive Institutional Investing
Fabled Silver Gold | Phase 1 Exploration Review on the Sant Maria Property, Mexico
Fabled Copper | Fabled Copper Samples 4.83% Copper at the 2a Copper Occurrence on the Neil Property
Cybin Inc. | Cybin Announces Grant of U.S. Patent Covering its Proprietary Compound CYB004 (Deuterated DMT) for the Treatment of Anxiety Disorders
AMPD Ventures Inc. | AMPD Ventures Announces Agreement with Parsec Cloud, Inc. to Bolster AMPD Virtual Studio Offering with Parsec's Remote Access VDI Technology
Cerrado Gold Corp | Cerrado Gold Introduces Gold Production Growth Strategy and Provides Update from Its 2021 Exploration Program at Its Minera Don Nicolás Gold Project in Argentina
Baselode Energy Corp. | Baselode Starts 10,000 Metre Winter Drill Program on High-Grade Uranium ACKIO Discovery
Empower Clinics Inc | Empower Clinics Launches New Testing Sites in Dallas, Texas
EarthRenew Inc | Keeping Promises: EarthRenew Pens Positive Letter to Stakeholders
PyroGenesis Canada Inc. | PyroGenesis Announces Successful Completion of its Torch Factory Acceptance Test with Client A; a Multi-Billion-Dollar International Producer of Iron Ore Pellets
Global Hemp Group Inc. | Global Hemp Group Announces Non-Brokered Private Placement and Engagement of Consultants to Assist in the Launch of a Securitized Token Initiative to Fund Its Green Community
Cloud DX | Cloud DX Named Innovation Leader on the Canadian Business New Innovators List

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