Futures for Canada's main stock index were down on Tuesday due to uncertainty on whether the truce agreed by the U.S. and China in resolving their trade dispute would lead to a long-term deal.
The S&P/TSX Composite Index gained 77.16 points to 15,274.98.
The Canadian dollar acquired 0.16 cents at 75.92 U.S. early Tuesday
December futures dipped 0.3% Tuesday.
On a day light on economic data, Teck Resources has agreed to sell a 30% stake in its Quebrada Blanca copper mine expansion in northern Chile to Japan's Sumitomo for $1.2 billion.
Bank of Montreal beat market forecasts on Tuesday with a 19% rise in fourth-quarter earnings, helped by a strong performance at its retail and wealth management businesses.
WestJet Airlines said on Tuesday it expects revenue per average seat mile in 2019 to grow between 2% and 4%, partly driven by strong demand in its core business.
CIBC raised the price target on Equitable Group to $90.00 from $86.00
ON BAYSTREET
The TSX Venture Exchange fell 5.89 points Monday to 583.63
ON WALLSTREET
Stock futures pointed to a negative open on Tuesday amid questions over whether the U.S.-China trade agreement will resolve the two countries' dispute in the long term.
Futures for the Dow Jones Industrials plummeted 125 points, or 0.5%, to 25,721.
S&P futures slid 9.75 points, or 0.4%, to 2,781, while the NASDAQ Composite skidded 37.75 points, or 0.5%, to 7,020.50.
Hewlett Packard and Toll Brothers are among a multitude of firms declaring earnings Tuesday.
The U.S. and China over the weekend agreed at the G-20 summit in Argentina to hold off on any additional tariffs on each other's goods on January 1, in order to allow trade talks to continue.
But discrepancies, over when that truce would begin, have led to confusion. While President Donald Trump's economic advisor, Larry Kudlow, told reporters Monday that the cease-fire would start from January 1, the White House later issued a corrected statement, saying that the 90-day truce period would start on December 1.
In terms of economic data, Redbook sales figures are due at 8:55 a.m. ET.
On Wednesday, U.S. equity, option and fixed income markets will be closed due to the declaration of a National Day of Mourning to honour former President George H.W. Bush.
Overseas, in Japan, the Nikkei 225 dropped 2.4% Tuesday, while in Hong Kong, the Hang Seng index picked up 0.3%
Oil prices gained $1.02 to $53.97 U.S. a barrel.
Gold prices added $5.50 to $1,245.10 U.S. an ounce.
