Stocks in Toronto looked set to extend losses from previous sessions on Thursday
The S&P/TSX Composite Index lost 78.71 points to close Wednesday at 15,648.40. June futures were down 0.2% on Thursday.
The Canadian dollar eked up 0.06 cents at 75.54 cents U.S. early Thursday.
Markets in North America are closed Friday for Good Friday.
Qualcomm said on Wednesday it was asked to refund BlackBerry $814.9 million in an arbitration ruling over royalties for certain past sales.
RBC cut the rating on Medical Facilities to sector perform from outperform
Morgan Stanley raised the target price on Rogers Communications to $61.00 from $54.00
RBC cut the rating on TFI International to sector perform from outperform
On the economic slate, Statistics Canada’s new housing price rose 0.4% in February over the previous month. The agency said Ontario accounted for most of the gain, as new house prices increased in all 10 of its surveyed metropolitan areas.
What’s more, manufacturing in this country took a tumble during the same month. The agency said manufacturing sales edged down 0.2% in February to $53.6 billion, following three consecutive monthly increases.
ON BAYSTREET
The TSX Venture Exchange eked up 0.73 points Wednesday to 829.77
ON WALLSTREET
U.S. stock index futures pointed to a lower open on Thursday after President Donald Trump said the dollar was getting "too strong," while earnings season kicked off.
Ahead of the opening bell, futures for the Dow Jones Industrials retreated 24 points, or 0.1%, to 20,492. Futures for the S&P 500 faded 4.5 points, or 0.2%, to 2,336.25. NASDAQ futures dipped 7.25 points, or 0.1%, to 5,365.50.
On the earnings front, Citigroup and Wells Fargo are among companies set to report on Thursday. JPMorgan Chase posted first-quarter results that easily beat expectations.
Thursday will see jobless claims and producer price index data released early in the morning, with consumer sentiment set to come out at 10:00 a.m. ET.
European markets fell by noon local time, while in Asia, the Nikkei 225 index slipped 0.7%, while the CSI 300 index in Shanghai rose 0.2%.
Oil prices moved up 17 cents to $53.28 U.S. per barrel.
Gold prices improved $10.70 to $1,288.80 U.S. an ounce.
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