Stock futures pointed to a higher opening for Canada's main stock index on Thursday
The S&P/TSX composite index capsized 235.64 points, or 1.6%, to end Wednesday at 14,312.07, with December futures hiking 0.3%.
The Canadian dollar peeked up 0.13 cents to 89.16 cents U.S. early Thursday.
Cenovus Energy Inc reported a 4% fall in quarterly profit mainly due to an outage at a refinery.
Potash Corp of Saskatchewan's net income fell 11%, hurt by lower contributions from overseas investments and higher income tax.
Raymond James cut the target on First Majestic Silver to $12.75 from $15.50; with an outperform rating.
Raymond James raised the rating on Mullen Group to market perform, while cutting the price target to $25
Prime Minister Stephen Harper vowed to redouble the country's fight against "terrorist organizations" abroad after a reported convert to Islam rampaged through parliament, shocking the usually tranquil capital city of Ottawa.
On the economic beat, Statistics Canada reported that the number of regular Employment Insurance recipients in August was essentially unchanged, at 498,100. Compared with 12 months earlier, the number of beneficiaries fell by 18,800 or 3.6%.
ON BAYSTREET
The TSX Venture Exchange faded 14.26 points Wednesday to 808.02.
ON WALLSTREET
Stocks look to take off at the opening bell, amid a hail of earnings news.
Ahead of the opening bell, futures for the Dow Jones Industrials leaped 119 points, or 0.7%, to 16,544. Futures for the S&P 500 moved higher 13.25 points, or 0.7%, to 1,938.25, and futures for the NASDAQ gained 27.25 points, or 0.7%, to 3,876.50.
Quarterly results are due to come thick and fast Thursday. This morning, we'll hear from industrial giants, airlines and food firms, including 3M, Caterpillar, American Airlines, Jetblue, Southwest, Dr Pepper Snapple and Dunkin Brands.
Additionally, General Motors, Comcast and Under Armour will report.
Janus Capital, which has just welcomed ex-Pimco star fund manager Bill Gross, will also report earnings before the bell.
There's more to watch after the close of trading. Tech heavyweights Amazon and Microsoft and famed casino giant Wynn Resorts will also be releasing results after the closing bell.
Moreover, European bank Credit Suisse just reported better-than-expected third-quarter results. Shares were edging higher in morning trading.
The U.S. Department of Labor will be releasing data on weekly jobless claims this morning.
European markets were mixed in early trading, while Asian markets ended with losses.
China's purchasing managers' index for October showed manufacturing picked up a little compared to September, though investors were disappointed by a comment in the HSBC/Markit report saying "the economy continues to show signs of insufficient effective demand."
Oil prices gained 45 cents to $80.97 U.S. a barrel
Gold prices dipped $10.30 to $1,235.90 U.S. an ounce.
