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Flat Start Promised to Week

Bombardier, Yangarra in Focus

Canada's main stock index futures were little changed on Monday, promising a fairly stale start to trading

The S&P/TSX Composite Index went south 112.92 points Thursday to close a short week at 15,535.48. June futures edged lower 0.01% Monday.

The Canadian dollar moved up 0.23 cents at 75.23 cents U.S. early Monday.

Markets in North America were closed Friday for Good Friday.

Bombardier’s hopes of receiving initial payments for a A$4.4-billion contract to build 75 electric trains for Australia's Queensland state government have been negatively affected by accusations of design faults.

Canaccord Genuity starts coverage on Yangarra Resources with a speculative buy rating and $4.00 price target

On the economic slate, the Canadian Real Estate Association was due out this morning with nationwide home sales for March.

ON BAYSTREET

The TSX Venture Exchange went against the tide and gained 4.85 points Thursday to 834.62

ON WALLSTREET

Wall Street is expected to open mixed after U.S. Vice President Mike Pence said the "era of strategic patience" with North Korea was over.

Ahead of the opening bell, futures for the Dow Jones Industrials advanced 29 points, or 0.1%, to 20,443. Futures for the S&P 500 poked up 2.25 points, or 0.1%, to 2,329.75. NASDAQ futures moved up 7.75 points, or 0.1%, to 5,366.75

Among the companies releasing their earnings, M&T Bank and J.B. Hunt reported results before the bell. After the close of markets, Netflix and United Continental are due to release their results.

Pence made the comments on the border between North and South Korea a day after North Korea's failed missile test. The Trump administration is working with China and its allies on a response to North Korea's missile program.

Wall Street was closed on Easter Friday but the government released economic data, which showed retail sales fell for the second straight month and consumer prices dropped for the first time in just over a year.

On the data front on Monday, the Empire state survey is to be released this morning, as well as the National Association of Home Builders survey.

Much of Europe was off for Easter Monday, but the Nikkei 225 in Japan inched forward 0.1%, while the CSI 300 in Shanghai dropped 0.2% Monday.

Oil prices slid 39 cents to $52.79 U.S. per barrel.

Gold prices acquired 60 cents to $1,289.10 U.S. an ounce.