Futures for Canada's main stock index were higher on Wednesday after ending down in the previous session, led by a drag in the energy sector on Tuesday.
The S&P/TSX Composite Index lost 67.1 points to end Tuesday at 16,316.53
The Canadian dollar shied away 0.07 cents to 75.2 cents U.S. early Wednesday
June futures acquired 0.3% Wednesday
Bombardier Inc said on Wednesday that Delta Air Lines Inc has signed a purchase agreement for 20 CRJ900 aircraft, in a deal valued at about $961 million.
CIBC raised the target price on Canadian Pacific Railway to $280 from $270
National Bank of Canada resumes coverage on Theratechnologies Inc. with an outperform rating
The Senate on Tuesday approved a revised bill to legalize recreational marijuana, setting the stage for the country to become the first Group of Seven nation to legalize cannabis.
ON BAYSTREET
The TSX Venture Exchange slid 0.95 points Tuesday to 751.29
ON WALLSTREET
U.S. stock index futures rose ahead of Wednesday's open, as markets tried to reclaim some footing after losing significant ground in the previous session.
Futures for the Dow Jones Industrials gathered 99 points, or 0.4%, to 24,814
S&P 500 futures added 6.5 points or 0.2%, to 2,772.75, while futures for the NASDAQ composite index gained 21.5 points, or 0.3%, to 7,273.75
Micron Technology is among a host of companies announcing earnings Wednesday.
The moves in pre-market trade came after Wall Street posted heavy losses during Tuesday's session. U.S. stocks sank yesterday as trade tensions intensified, causing the Dow Jones industrial average to close down almost 300 points, having erased all of its gains for the year during the session. Other major domestic indexes also closed lower.
In Japan, the Nikkei 225 rebounded 1.2% Wednesday. In Hong Kong, the Hang Seng index recovered 0.8%
Oil prices gained 17 cents to $65.07 U.S. per barrel.
Gold prices sank $2.80 to $1,275.80 U.S. an ounce.
