Futures were lower for stocks in Canada’s biggest centre, as investors digested inflation data domestically, and a host of international data adding to the uncertainty.
The S&P/TSX Composite Index slid 48.57 points to close Thursday at 15,033.64. September futures subsided 0.14% on Friday morning.
The Canadian dollar gained 0.14 cents to 79.01 cents U.S. Friday morning.
Swedish prosecutors said they would charge an employee of Canadian aircraft and train maker Bombardier on suspicion that he and several others at the company had bribed an Azerbaijani official to secure a contract worth around $340 million.
TMX Group Ltd is seeking guidance from the country's securities regulators, it said on Thursday, as it weighs how to deal with marijuana companies listed in Canada with interests in the United States, where the business remains federally illegal.
RBC raised the rating on Teranga Gold to outperform from sector perform
On the economic slate, Statistics Canada reported July consumer price index rose 1.2% on a year-over-year basis in July, following a 1.0% increase in June. On a seasonally-adjusted monthly basis, inflation was up 0.2% in July, after posting no change in June.
ON BAYSTREET
The TSX Venture Exchange dropped 2.07 points Thursday to 767.42.
ON WALLSTREET
U.S. stock index futures pointed to a slightly higher open on Friday, but equities were staring down their second straight week of losses as investors took note of the negative trading sentiment seen globally.
Ahead of the opening bell, futures for the Dow Jones Industrials gained 13 points, or 0.1%, to 21,746. Futures for the S&P 500 picked up 2.75 points, or 0.1%, to 2,432.25. NASDAQ futures popped 18.25 points, or 0.3%, to 5,818.50
Companies such as Deere and Company, Estee Lauder and Hibbett Sports are set to report earnings today.
In Spain, a manhunt is currently underway as police try to locate the driver of a van who plowed into crowds in one of Barcelona's tourist hotspot areas, which left at least 13 people dead and over 100 injured.
Meanwhile, turbulence surrounding U.S. President Donald trump's leadership, economic policies and his recent statements on the white supremacist rally in Virginia, continue to weigh on sentiment.
Stepping aside from politics, consumer sentiment data is set to come out at 10 a.m. ET.
Overseas, markets in Europe were trading in the red around noon on the continent, while Japan’s Nikkei 225 tottered 1.2% and the CSI 300 in Shanghai gained 0.1%
Oil prices gained 16 cents to $47.25 U.S. per barrel.
Gold prices surged $9.40 to $1,301.80 U.S. an ounce.
