Stock futures pointed to a lower opening for Canada's main stock index on Friday following strong sessions after the U.S. Federal Reserve's decision to push back on its next rate increase.
The S&P/TSX Composite gained 86.35 points, to close Thursday at 14,797.17. Futures listed lower 0.04% early Friday
The Canadian dollar poked up 0.01 cents at 76.69 cents U.S. early Friday.
The B.C. government reported share of homes purchased by foreign buyers decreased as of the end of August, suggesting a new tax in Vancouver was doing its part discouraging overseas buyers.
China's central bank said National Bank Of Canada has been approved to issue up to five billion yuan ($750 million) of RMB-denominated bonds in the country's interbank bond market.
RBC raised the price target on Cascades Inc to $15.00 from $11.00
Raymond James cut the target price on Goldcorp to $22.00 from $24.00
Raymond James raised the target price on Tahoe Resources to $24.50 from $22.25
On the economic calendar, Statistics Canada reported that inflation rose 1.1% in the 12 months leading to August, following a 1.3% hike in July.
On a seasonally-adjusted monthly basis, the Consumer Price Index decreased 0.1% in August, after posting no change in July.
Elsewhere, retail sales inched down 0.1% to $44.1 billion in July, the third straight relatively unchanged month.
ON BAYSTREET
The TSX Venture Exchange moved negative, however, 2.67 points to close Thursday at 810.62
ON WALL STREET
U.S. stock index futures pointed to a lower open on Friday as traders eyed the release of September manufacturing activity and comments from Federal Reserve speakers.
Ahead of the opening bell, futures for the Dow Jones Industrials faded 18 points, or 0.1%, to 18,281, while futures for the S&P 500 dipped 4.25 points, or 0.2%, at 2,164. NASDAQ futures slipped 9.75 points, or 0.2%, at 4,876.50.
Shares in Yahoo and Facebook are both declining by about 2% pre-market.
Investors are unimpressed after Yahoo announced a massive data breach Thursday that affects at least 500 million accounts.
And Facebook stock is slumping after the Wall Street Journal reported that the social media company "vastly overestimated average viewing time for video ads on its platform for two years."
Facebook said in a statement that there was an error with a video metric calculation, but it has since been fixed.
Finish Line is reporting quarterly results ahead of the open.
Marriott International announced its multi-billion-dollar purchase of Starwood Hotels is now a done deal. The company beat out rival Chinese firm Anbang to make the acquisition.
Philadelphia Fed President Patrick Harker, Atlanta Fed President Dennis Lockhart and Cleveland Fed President Loretta Mester are scheduled to speak at noon in Philadelphia on a panel about the Fed's role in communities.
Friday will see the September flash manufacturing Purchasing Managers Index released at 9:45 a.m. ET.
In Europe, the pan-European Stoxx-600 index was 0.7% lower on Friday. In Asia, Japan's Nikkei closed 0.8% lower. In China, the Shanghai Composite closed 0.3% lower.
Oil prices dropped five cents to $46.27 U.S. a barrel
Gold prices skidded 2.3 to $1,342.40 U.S. an ounce.
