Stock futures pointed to a lower opening for Canadian stocks as investors awaited corporate earnings reports and manufacturing data.
The S&P/TSX composite index gained 85.66 points to close the day, week and month at 14,468.44.
The Canadian dollar eked up 0.20 cents to 76.19 cents U.S. early Tuesday
Canaccord Genuity raised the rating on Medical Facilities Corp to buy from hold as the company presents a very attractive yield of 7.9% and a payout ratio that is expected to remain below the company’s 80% annual target in the near and medium-term.
CIBC cut the target price on Sandstorm Gold to $3.50 from $4 as the company has a higher risk profile than its peers in the royalty space, especially in today's gold market.
5N Plus Inc reports earnings today, expecting Q2 loss of two cents per share
Aptose Biosciences expecting Q2 loss of 33 cents per share
Blackpearl Resources Inc also reports, expecting a Q2 loss of one cent per share.
Saputo Inc expectsQ1 earnings of 34 cents per share
Savanna Energy Services expects a Q2 loss of 14 cents per share
On the economic calendar, the RBC Canadian Manufacturing Purchasing Managers' index, a measure of manufacturing business conditions, rolls in for June later this morning.
ON BAYSTREET
The TSX Venture Exchange gained 6.01 points Friday to 594.31
ON WALLSTREET
U.S. futures are listing lower on a tentative Tuesday
Ahead of the opening bell, futures for the Dow Jones Industrials slid 19 points, or 0.1%, to 17,492, futures for the S&P dipped 3.75 points, or 0.2%, to 2,087.25, and futures for the NASDAQ regressed 11 points, or 0.2%, to 4,562.
Among the companies reporting quarterly earnings this morning are Aetna, Coach, CVS Health, Time and Office Depot.
Toyota shares could be on the move after the firm reported a record $5.2-billion U.S. profit. The company benefited from favorable foreign exchange rates and cost reductions.
A few stocks are throwing their weight around pre-market, including Allstate, Microchip Technology and Aflac. Shares in all three companies are declining as investors react to the firms' latest earnings, which were released late Monday afternoon.
European markets are mixed in early trading. The key Italian index is declining by just over 1%, but the other markets are little changed.
Asian stocks closed with mixed results.
The two most volatile stock markets in the world right now -- China and Greece -- continue to grab attention.
Chinese stock markets shot up Tuesday, with the Shanghai Composite closing with a 3.7% gain and the Shenzhen market finishing with a 4.8% jump.
Chinese markets have been on a bumpy downward trend since hitting record highs in mid-June. Tuesday's move higher followed new restrictions on short sellers.
In Greece, the main stock market index fell by another 1% following a 16% plunge on Monday. Prior to reopening Monday, the Greek stock market had been closed for five weeks due to the nation's financial crisis.
Oil prices inched forward 75 cents to $45.92 U.S. a barrel
Gold prices gained $1.70 at $1,091.10 U.S. an ounce.
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