Futures for Canada's main index rose on Wednesday, helped by gains in oil prices.
The S&P/TSX Composite Index progressed 73.25 points to close Tuesday at 15,642.10
The Canadian dollar dipped 0.09 cents to 75.50 cents U.S. early Wednesday
March futures climbed 0.3% Wednesday.
Barrick Gold, the world's largest publicly traded gold producer, said on Wednesday its quarterly loss widened, partly due to an impairment charge and rise in production costs.
Teck Resources, the world's second-biggest exporter of steel-making coal, posted a lower-than-expected quarterly profit on Wednesday, hurt by weak prices for heavy crude and base metals.
Cenovus Energy posted a wider quarterly loss on Wednesday, but said the impact of output cuts will be more than offset by an improvement in Canadian crude prices this year.
CIBC cut the price target on DHX Media to $2.25 from $2.50.
CIBC cut the price target Pinnacle Renewable Energy to $14.00 from $17.00
RBC raised the price target on Sandstorm Gold to $8.50 from $7.50.
ON BAYSTREET
The TSX Venture Exchange moved up 3.96 points Tuesday to 612.22
ON WALLSTREET
U.S. stock index futures rose on Wednesday, with market participants hopeful that Chinese and U.S. trade authorities will reach an agreement.
Futures for the Dow Jones Industrial Average heightened 70 points, or 0.3%, at 25,476.
Futures for the S&P 500 increased six points, or 0.2%, to 2,750.75
NASDAQ futures gained 27.75 points, or 0.4%, to 7,046.25
American International Group and Hilton Worldwide are among the firms reporting earnings today.
On the data front, there will be Consumer Price Index numbers out this morning and the monthly federal budget will be out at 2 p.m. ET time.
Investors continue to follow news out of U.S.-China trade talks. President Donald Trump suggested Tuesday that he might be open to postpone the current deadline of early March so that both sides can reach a deal.
On Wednesday, The South China Morning Post reported that Chinese President Xi Jinping will meet with U.S. delegates on Friday as both sides try to strike a deal. Failure to achieve an agreement would spark higher U.S. tariffs on Chinese goods.
Overseas, in Japan, the Nikkei 225 leaped 1.3%, while in Hong Kong, the Hang Seng galloped 1.2%.
Oil prices took on 29 cents to $53.39 U.S. a barrel.
Gold prices sank $1.50 to $1,312.50 U.S. an ounce.
