Source: Pure Gold Mining Inc.
Market Herald logo


Be the first with the news that moves the market

Following a nasty session in the red, Canada’s main stock index rose more than 300 points in Friday trading. Gains were led by the energy and base metal sectors.

After two brutal weeks brought back-to-back weekly drops of more than 5 per cent, markets on Wall Street saw its first weekly gain this month. Jittery investors wonder if the Federal Reserve will raise interest rates enough to get inflation under control but not so much as to push the economy into a recession.

Today in the Markets

TSX 19,062.91 +345.49 TSX
TSXV 647.33 +15.54 TSXV
CSE 276.41 +1.96 TSXV
DJIA 31,501.54 +824.18 DJIA
NASDAQ 11,607.62 +375.43 NASDAQ
S&P 500 3,911.83 +116.10 S&P 500

The Canadian dollar traded for 77.49 cents US compared to 76.96 cents US on Thursday.

US crude futures traded 2.96 per cent higher at $107.40 a barrel, while the Brent contract gained 2.56 per cent to $112.90 a barrel.

The price of gold was up US$0.18 US to $1,824.81.

In world markets, the Nikkei was up 320.72 points to 26,491.97 the Hang Seng was up 445.19 points to 21,719.06, the FTSE was up 188.36 points to 7,208.8, and the DAX was up 205.54 points to 13,118.13.

Get @ the Bell delivered to your email inbox every day!

Sign Up Here

DISCLAIMER: By viewing any material on or distributed by Stockhouse Publishing Ltd. and its Information Providers you agree to both the following disclaimer, and the full disclaimer that can be viewed here.

Any holdings, theories, speculation or trades appearing anywhere on the Stockhouse network of websites should not be relied upon for purposes of transacting securities or other investments, nor should they be construed as an offer or solicitation of an offer to sell or buy any security. This applies to any material regardless of source, placement, presentation or reproduction. Any Information Providers to Stockhouse or employees of Stockhouse may from time to time have positions in the stocks or other entities mentioned anywhere on the Stockhouse Network of websites. You bear responsibility for your own investment research and decisions and should seek the advice of a qualified securities professional before making any investment. Stockhouse and its contributors makes no guarantee as to the validity of any information, speculation, theories or research presented herein whether pertaining to the past, present or future. The Service and The Materials are provided by Stockhouse and other Information Providers on an “as is” basis, and Stockhouse and other Information Providers expressly disclaim any and all warranties, express or implied, including, without limitation, warranties of satisfactory quality and fitness for a particular purpose, with respect to the service or any materials and products. In no event shall Stockhouse and other Information Providers be liable for any direct, indirect, incidental, punitive, or consequential damages of any kind whatsoever with respect to The Service, The Materials, and The Products.
More From The Market Herald

" @ the Bell: Indexes overcome muted performance

Despite a split among the indices, Canada’s benchmark stock index closed higher on Thursday thanks to a rebound in commodity prices.
The Market Herald Video

" Tocvan Ventures (CSE:TOC) announces latest drill results from Pilar

Tocvan Ventures Corp. (TOC) has completed the latest stage of drilling at its Pilar Au-Ag Project in Sonora, Mexico.
The Market Herald Video

" Avalon (TSX:AVL) provides update on Separation Rapids lithium project

Work continues on Avalon’s (AVL) demonstration Dense Media Separation (DMS) plant for the Separation Rapids Lithium Project north of Kenora, Ontario.

" DEEPEM survey to prioritize drill targets for exciting copper porphyry project

Mining investors have two reasons to take a keen interest in the latest news release from Peloton Minerals Corporation (