Stock futures for Canada's main stock index were higher on Monday, taking their cues from global markets that rose on Japanese Prime Minister Shinzo Abe's election victory.
The S&P/TSX Composite Index was positive 39.22 points to greet the end of the week at 15,857.22
The Canadian dollar tumbled 1.02 cents at 79.08 cents U.S. Monday morning.
December futures inched up 0.02% Monday morning.
Airbus's coup in buying a $6-billion Canadian jetliner project for a dollar stunned investors and took the spotlight off a growing ethics row last week, but internal disarray has raised questions over how smoothly it can implement the deal.
Hudson's Bay Co. CEO Gerald Storch abruptly resigned on Friday, at a time when the department store company is in the middle of a strategic review and struggling to turn around sales.
RBC starts coverage on WSP Global with outperform rating and $64.00 price target $64
RBC starts coverage on Stantec Inc. with sector perform rating and $40.00 price target
On the economic beat, Statistics Canada reported that wholesale trade rose 0.5% to $62.8 billion in August, led by the personal and household goods and motor vehicle and parts sub-sectors.
ON BAYSTREET
The TSX Venture Exchange sprang up 7.44 points, or nearly 1%, Friday to 789.51
ON WALLSTREET
U.S. stock index futures pointed to a slightly higher open Monday, as investors geared up for another batch of earnings, while keeping an eye for news surrounding who would take on the position as chair of the U.S. central bank.
Futures for the Dow Jones Industrials gained 21 points, or 0.1%, to 23,298.
S&P 500 futures gained 1.5 points, or 0.1%, to 2,575.75, while futures on the NASDAQ Composite index added 10.75 points, or 0.2%, to 6,121.75
Major earnings are set to dominate some discussion on Wall Street, with Arconic, Kimberly-Clark, and Seagate Technology published their latest financial figures.
Halliburton and Hasbro also reported, posting better-than-expected quarterly results. Shares of Halliburton rose 2.1%, while Hasbro's stock slipped 0.2%.
On the data front, the Chicago Fed's National Activity Index for September is set to come out early this morning.
Overseas, European stocks edged higher approaching noon on the continent Monday, while Japan’s Nikkei 225 hurtled higher 1.1%, while in Hong Kong, the Hang Seng Index dipped 0.6%
Oil prices added 17 cents to $52.01 U.S. per barrel.
Gold prices slid five dollars to $1,275.50 U.S. an ounce.
