Futures for equities in Canada’s largest market were slightly higher on Tuesday as oil extended gains and commodity prices rose.
The S&P/TSX Composite Index strengthened 91.59 points to close the session at 15,629.47. June futures gained 0.07% Tuesday
The Canadian dollar inched forward 0.1 cents to 73.46 cents U.S. early Tuesday.
BCE Inc. said a hacker had accessed customer information containing about 1.9 million active e-mail addresses and about 1,700 names and active phone numbers.
BMO raised the price target on Premium Brands Holdings to $95.00 from $83.00
CIBC raised the price target on Storm Resources to $5.75 from $5.25
On a day light on economic tidings, data showed that lending to small Canadian businesses was little changed in March compared to the month before, though borrowing by medium-sized companies jumped as they benefited from a recovery in the energy sector.
ON BAYSTREET
The TSX Venture Exchange spiked 11.45 points, or 1.4%, Monday to 805.09
ON WALLSTREET
U.S. stock index futures pointed to a higher open on Tuesday as Wall Street looked to build on the S&P 500 and NASDAQ's record highs.
Ahead of the opening bell, futures for the Dow Jones Industrials gathered 30 points, or 0.1%, to 20,960. Futures for the S&P 500 took on 1.5 points, or 0.1%, to 2,400. NASDAQ futures moved forward 6.25 points, or 0.1%, to 5,707.50.
Traders on Tuesday will be looking at fresh data while digesting news that U.S. President Donald Trump has revealed classified information to Russian authorities.
On the earnings front, Home Depot posted better-than-expected quarterly results, sending the stock higher by 2% in the pre-market. Urban Outfitters and Weibo are also due to report but not till after the market close.
Economically speaking, Tuesday will see the release of housing starts and building permits figures for April, as well as the publication of April's industrial production numbers.
European markets wilted 0.1% as the morning ended overseas, while Japan’s Nikkei 225 index gained 0.3%, and the CSI 300 in Shanghai shot up 0.9%.
Oil prices picked up 32 cents to $49.17 U.S. per barrel.
Gold prices hiked $4.60 to $1,234.60 U.S. an ounce.
