Futures for Canada's main stock index were little changed on Monday, even as oil prices hit their highest since November.
The S&P/TSX Composite Index gained 68.57 points to close Thursday at 16,612.81
The Canadian dollar gained 0.12 cents to 74.85 cents U.S. early Monday
June futures were pretty much unchanged early Monday.
Markets were closed Friday for Good Friday
CIBC raised the target price on Canopy Growth to $80.00 from $75.00
Credit Suisse cut the price target on Largo Resources to $1.60 from $2.00
Eight Capital raised the price target on PrairieSky Royalty to $19.15 from $17.50
ON BAYSTREET
The TSX Venture Exchange dwindled 0.84 points to finish Thursday at 609.21
ON WALLSTREET
U.S. stock index futures were lower Monday morning ahead of what could be a quiet day of trading following the Easter break but a busy week for corporate earnings.
Futures for the Dow Jones Industrial Average skidded 79 points, or 0.3%, to 26,487.
Futures for the S&P 500 dipped 9.25 points, or 0.3%, at 2,900.75
NASDAQ futures faded 33.25 points, or 0.4%, to 7,679.25
Corporate results remain the biggest focus for the U.S. this week. On Monday, Halliburton reported better-than-expected quarterly results, sending its stock up more than 3% in the pre-market.
Other companies reporting earnings on Monday include Kimberly-Clark and, after the bell, Whirlpool and Celanese. The week ahead will be the busiest of the earnings season with Coca Cola, Procter & Gamble, UnitedTech, Verizon, Twitter, Lockheed Martin and eBay just some of the companies reporting Tuesday.
On Wednesday, Facebook, Microsoft and Tesla Motors are just a few of the corporate earnings to expect and on Thursday, Comcast, Amazon, Ford, Starbucks and Domino’s Pizza are among those reporting.
Chevron, Exxon Mobil and Colgate-Palmolive will be reporting earnings on Friday.
On the data front, existing home sales for March are expected at 10 a.m. ET.
Oil markets are in focus after prices spiked following reports that U.S. Secretary of State Mike Pompeo will announce that from May 2, the State Department will no longer grant sanctions waivers to any country that is currently importing Iranian crude or condensate.
Overseas, in Japan, the Nikkei 225 squeezed ahead 0.1% Easter Monday, while in Hong Kong, markets were closed.
Oil prices gained $1.42 to $65.42 U.S. a barrel.
Gold prices improved $4.90 to $1,280.90 U.S. an ounce.
