Market Herald logo

Subscribe

Be the first with the news that moves the market

Canada’s main stock index closed Thursday in the green, as miners and energy firms tracked rising commodity prices following an unexpected decline in U.S. consumer prices for the first time in more than 2.5 years in December. Industrials and utilities were the TSX’s decliners, while industrial and tech shares mounted a comeback.


Sponsored by
14.30 g/t Au in Initial Surface Prospecting – Strong Results at Tabor Lake Mine Project

New inflation figures led to a market gain on Wall Street as data showed the annual rate of inflation in the U.S. slowed to 6.5 per cent last month, down from 7.1 per cent in November. Traders have been awaiting these reports, hoping for some indication of the Federal Reserve’s next move around interest rates.

Today in the Markets

TSX 20,211.29 +186.15 TSX
TSXV 609.88 +7.49 TSXV
CSE 199.33 +1.59 TSXV
DJIA 34,298.00 +2188.00 DJIA
NASDAQ 11,531.00 +54.50 NASDAQ
S&P 500 4,002.25 +12.25 S&P 500

The Canadian dollar traded for 74.84 cents US, compared to 74.51 cents US on Wednesday.

US crude futures traded $1.03 higher at $78.44 a barrel, while the Brent contract gained $1.37 to $84.04 a barrel.

The price of gold was up US$18.28 to US$1,895.29.

In world markets, the Nikkei was up 3.82 points to 26,449.82, the Hang Seng was up 78.05 points to 21,514.10, the FTSE was up 69.06 points to 7,794.04, and the DAX was up 110.39 points to 15,058.30.


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

Sign Up Here


DISCLAIMER: By viewing any material on or distributed by The Market Herald 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 Market Herald 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 The Market Herald or employees of The Market Herald may from time to time have positions in the stocks or other entities mentioned anywhere on The Market Herald 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. The Market Herald 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 The Market Herald and other Information Providers on an “as is” basis, and The Market Herald 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 The Market Herald 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: Markets tumble amid rate worries

Canada’s main stock index was weighed down on Monday by commodity-linked and financial stocks. The telecom and utilities sectors posted some gains.
The Market Herald Video

" And that’s a wrap: 2023 Vancouver Resource Investment Conference (VRIC)

The 2023 Vancouver Resource Investment Conference took place at the Vancouver Convention Centre Jan 29th-30th, featuring 300 booths and 100 expert speakers. 

" Saturn Oil & Gas shakes up Canadian oil patch with $525m acquisition

It may be early in 2023, but things are already heating up in Canada’s oil & gas industry.

" From corporate launch to upcoming initial resource estimate, here’s one of 2022’s top lithium performers

Lithium Ionic Corp. has been hailed as the multi-billion-dollar blueprint next door by analysts.