Stock futures pointed to a higher start for markets in Toronto on Monday, the first day of a holiday-shortened week.
The S&P/TSX composite index moved upward 14.37 points, to end the final full week of 2015 at 13,024.30.
The Canadian dollar inched back 0.02 cents to 71.63 cents U.S. early Monday
Bank of Canada Governor Stephen Poloz told the media Friday the Canadian dollar and the price of oil move "like a pair of train tracks" and trying to stop exchange rates from shifting could hinder the economy's ability to absorb shocks.
Barclays cut the price target on Canadian Pacific Railway to $190.00 from $210.00
Jefferies raised the price target on CGI Group to $55.00 from $54.00, with a hold rating
Paradigm initiated coverage on Klondex Mines with a buy rating
ON BAYSTREET
The TSX Venture Exchange gained 4.35 points Friday to 501.30
ON WALLSTREET
U.S. stock futures are pointing to a higher open Monday after markets suffered a steep drop on Friday.
Ahead of the opening bell, futures for the Dow Jones Industrials spiked 110 points, or 0.7%, to 17,127, futures for the S&P 500 moved up 15.5 points, or 0.8%, to 2,007.5. NASDAQ futures gained 34.75, or 0.8%, to 4,539.25
All three indexes are currently in the red for December, countering seasonal expectations for a "Santa Claus rally."
Shares in Disney are rising by about 2% pre-market after its movie -- "Star Wars: The Force Awakens" -- had the biggest opening in box office history.
It brought in an estimated $238 million in the U.S. this weekend, surpassing the record held by Universal's "Jurassic World," which made $208.8 million on its opening weekend in June.
Shares in Apple and Ericsson are also jumping pre-market after the two firms signed a patent-sharing deal that resolves ongoing infringement claims. Ericsson shares were up 7% while Apple advanced 1.5%.
Most European markets are also rising in early trading, while Asian markets ended with mixed results.
Shares in Toshiba dropped by about 10% on Monday after the Japanese company said it expects to post a $4.5-billion U.S. loss this year as it deals with the aftermath of a massive accounting scandal.
Oil prices faded 50 cents to $34.23 U.S. a barrel
Gold prices gathered two dollars to $1,068.25 U.S. an ounce.
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