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Stocks to Poke Up at Open

Verizon-Yahoo Deal in Focus


Stock futures pointed to a slightly higher opening for Canada's main stock index on Monday after G20 finance chiefs agreed over the weekend to use "all policy tools" to lift global growth.

The S&P/TSX Composite climbed 35.26 points to close the day and the week at 14,601.09, the highest it had been in more than a year.

Stock futures poked up 0.1% Monday morning.

The Canadian dollar dropped 0.3 cents to 75.86 cents U.S. early Monday

RBC raised the target price on Arizona Mining to $3.00 from $2.00

National Bank Financial raised the target price on Equitable Group to $70.00 from $69.00

Canaccord Genuity raises target price on Hudbay Minerals to $7.00 from $6.00

ON BAYSTREET

The TSX Venture Exchange prospered 3.1 points to 769.30

ON WALLSTREET

U.S. stock futures are holding steady ahead of the open, after a week full of records.

Ahead of the opening bell, futures for the Dow Jones Industrials advanced seven points to 18,485, while futures for the S&P 500 gained 0.75 points to 2,168.25. NASDAQ futures faded 0.5 to 4,656.75.

Verizon has announced it's acquiring Yahoo for $4.8 billion U.S.

The sale ends a bidding process that dragged on for months and drew interest from parties as diverse as Warren Buffett and The Daily Mail.
Verizon also owns AOL, which it purchased last year for $4.4 billion U.S.

Sprint and Kimberly-Clark are among the two key companies reporting earnings ahead of the open.

Texas Instruments and Gilead Sciences are reporting after the close.

European markets are also inching higher in early trading, while most Asian markets ended the day with mild gains.

Oil prices eased 51 cents to $43.68 U.S. a barrel

Gold prices slumped $7.40 at $1,316.00 U.S. an ounce.