By: Glenn Wilkins - Friday, February 17, 2017 Equities Point Downward Friday Traders Look Ahead to Long Weekend Advertisment Stock futures in Toronto pointed to a lower start on Friday as oil prices dipped, pressured by an increase in global fuel supply. The S&P/TSX Composite forged out gains of 19.22 points to close Thursday at 15,864.17, with March futures down 0.2%. The Canadian dollar dipped 0.06 cents to 76.42 cents U.S. early Friday. Stock markets in Toronto are closed Monday for Family Day. Enbridge Inc reported a 3.4% fall in fourth-quarter profit, hurt by charges, including for asset impairment and restructuring. Air Canada reported a bigger quarterly loss as the airline cut fares to fill seats in long-haul leisure markets. CIBC raised the target price on Bombardier to $2.75 from $2.50 CIBC raised the target price on Constellation Software to $620.00 from $610.00 RBC cut the target price on Sun Life Financial to $51.00 from $53.00 On the economic ledger, Statistics Canada reported that foreigners acquired $10.2 billion worth of Canadian securities during December, largely through acquisition of shares. At the same time, Canadian investors increased their holdings of foreign securities by $6.7 billion, led by purchases of non-U.S. foreign shares. ON BAYSTREET The TSX Venture Exchange improved 5.18 points Thursday to 843.32 ON WALLSTREET U.S. stock index futures pointed to a lower open on Friday ahead of the Presidents' Day holiday weekend. Ahead of the opening bell, futures for the Dow Jones Industrials fell 76 points, or 0.4%, to 20,518. Futures for the S&P 500 subsided 8.25 points, or 0.4%, to 2,337.25. NASDAQ futures eased 11.75 points, or 0.2%, at 5,288.75 As the fourth-quarter earnings season comes to a close, Campbell Soup, Deere and Bloomin' Brands are among companies that reported before the bell. There's not much in the way of data, with only the leading index scheduled to be released at 10 a.m. ET. In Europe, markets suffered on Friday morning. In Asia, the Nikkei 225 slumped 0.6%. Oil prices slid 26 cents to $53.10 U.S. a barrel Gold prices advanced $1.90 to $1,239.50 U.S. an ounce.