Canada's main stock index futures slipped, as Chinese trade data spurred renewed concerns on global economic growth and commodity prices weakened. In the currency market, currencies linked to Chinese growth like the Australian and New Zealand dollar fell for the first time in over a week.
The S&P/TSX composite index dipped 14.3 points to close Friday and the week at 13,964.36
The Canadian dollar slumped 0.3 cents to 76.65 cents U.S. early Tuesday
Equity markets in Canada were shuttered Monday for Thanksgiving
Bombardier Inc said on Friday it is in advanced discussions to sell its new CSeries jet to airlines in North America, without identifying the prospective buyers. The sources said Bombardier was pitching Southwest Airlines Co and American Airlines Group Inc, as well as similar airlines. One source said Bombardier was also pushing to sell the jets in China.
Poland top refiner, the state-controlled PKN Orlen, said it has launched takeover bids for Canada's Kicking Horse Energy and U.S. firm FX Energy, worth a total of over $300 million. PKN said it will offer Kicking Horse's shareholders $4.75 for each share in an all-cash deal, valuing the firm's equity at $293 million, and putting the enterprise value at $356 million
Canaccord Genuity cut the rating on Canadian National Railway to hold from buy, saying although volume growth will be better, recovery may be slow.
ON BAYSTREET
The TSX Venture Exchange added 5.22 points Friday to 552.36
ON WALLSTREET
U.S. stock futures are slipping into the red and there's a negative mood in stock markets around the world.
Ahead of the opening bell, futures for the Dow Jones Industrials moved lower 73 points, or 0.4%, to 16,967, futures for the S&P 500 dropped nine points, or 0.5%, to 2,002, and futures for the NASDAQ fell 24 points to 4,351.
Investors are toasting a massive deal between the two biggest beer brewers in the world, Anheuser-Busch InBev and SABMiller. It will be one of the biggest acquisitions in corporate history.
The company that makes the popular Budweiser beer -- AB InBev -- has agreed to buy its main rival SABMiller for £68 billion ($104 billion U.S.).
The combined firm will be the world's largest beer maker by far, with nine of the world's top 20 beers by volume.
Most SABMiller shareholders are being offered £44 ($67.59 U.S.) per share in cash. Meanwhile, the two biggest shareholders -- Altria and Colombia's Santo Domingo family -- will have to accept cash and stock worth roughly £39.03 ($60 U.S.) per share.
Shares in SABMiller shot up by about 8.5% in London trading, while AB InBev shares are rising by 2.5%.
Elsewhere, shares in the chemical giant FMC Corp plunged by nearly 10% in extended trading after announcing that the decline of the Brazilian real will hurt its performance in the second half of 2015.
Shares in Barclays in London are falling by about 3% as newspapers report that Jes Staley, a former JPMorgan banker, is set to take over as CEO of the British bank within the next two weeks. Barclays had been moving away from investment banking since the financial crisis. It declined to comment on the reports.
Johnson & Johnson is among a handful of companies opening their books before the trading day begins.
After the close, firms including Intel and JPMorgan Chase will report results.
European markets are slipping in early trading, with many indexes down by about 1.5%.
Asian markets mostly ended with losses.
Oil prices inched up two cents to $47.12 U.S. a barrel
Gold prices slouched $4.67 to $1,159.18 U.S. an ounce.
