Investors in Canada’s biggest centre are crossing their fingers for some upward momentum, after it appeared equities were stuck in a holding pattern for a few days.
The S&P/TSX composite index squeezed higher 1.27 points to conclude Wednesday at 15,347.34
The Canadian dollar dipped 0.02 cents to 83.21 cents U.S. early Thursday.
On the economic front, Statistics Canada’s said Gross Domestic Product for February was unchanged after a 0.2% decline in January. The agency said the increase in the output of service industries, primarily in retail trade, was offset by an overall decline in goods-producing industries.
ON BAYSTREET
The TSX Venture Exchange gained 2.15 points Wednesday to 697.37
ON WALLSTREET
U.S. stock futures are slipping early Thursday, matching declines across international markets.
Ahead of the opening bell, futures for the Dow Jones Industrials fell 23 points, or 0.1%, to 17,931. Futures for the S&P 500 slipped 2.75 points, or 0.1%, to 2,096.25, and futures for the NASDAQ stepped back 17.5 points, or 0.4%, to 4,462.25.
Earnings season continues in full swing with Time Warner Cable and Exxon Mobil reporting ahead of the open. Expedia, LinkedIn and Visa will report after the close.
On the economic front, the U.S. government posts weekly jobless claims this morning, as well as personal income and spending numbers.
European markets are heading south in early trading. Asian markets ended the session lower. Japan's Nikkei tumbled 2.7% after the central bank left its policy unchanged.
Oil prices hiked 51 cents to $59.09 U.S. a barrel
Gold prices settled $3.80 to $1,206.20 U.S. an ounce.
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