Futures for Canada's main stock index rose on Tuesday, a day after the index posted its worst day in over a week, while Canada's biggest life insurer lifted its profit forecast.
The TSX Composite index lost 84.75 points, to conclude Monday at 20,145.51.
The Canadian dollar dished off 0.29 cents to 80.78 cents U.S.
September futures increased 0.4% Tuesday.
Thursday, markets in Canada are closed in honour of Canada Day.
Manulife Financial raised the proportion of core profit it aims to earn from its fastest-growing operations, including Asia and asset management, betting it will be able to capitalize on the continent's rapid wealth growth.
Enbridge said on Monday it had closed its inaugural sustainability-linked bond, the first company in the midstream sector to raise sustainable bonds in North America, as it moves a step closer to its environment goals.
ON BAYSTREET
The TSX Venture Exchange demurred 3.71 points to 944.80.
ON WALLSTREET
U.S. stock index futures were little changed during on Tuesday, after the S&P 500 and NASDAQ closed at record highs on Monday.
Futures for the Dow Jones Industrials gained 42 points, or 0.1%, to 34,206.
Futures for the S&P 500 dipped 2.5 points, or 0.1%, to 4,278.
The NASDAQ fell 19.5 points, or 0.1%, to 14,493.
With the market entering the final trading days of June and the second quarter, the S&P 500 is on track to register its fifth straight month of gains. The NASDAQ is pacing for its seventh positive month in the last eight. The Dow, however, is in the red for the month, and on track to snap a four-month winning streak.
The S&P 500 is up 14% and the Dow and NASDAQ are up 12% so far for 2021.
Shares of Morgan Stanley jumped 3% in pre-market trading after the bank said it will double its quarterly dividend. The bank also announced a $12 billion stock buy back program. The announcement follows last week’s stress tests by the Federal Reserve, which all 23 major banks passed.
Wells Fargo said it plans on doubling its dividend to 20 cents a share, subject to board approval and announced an $18-billion buyback plan. Bank of America, Goldman Sachs and JPMorgan also announced dividend increases.
Boeing shares rose nearly 1% in pre-market trading after United said it was buying 200 Max planes.
Overseas, in Japan, the Nikkei 225 slumped 0.8% Tuesday, while in Hong Kong, the Hang Seng index slouched 0.9%.
Oil prices forfeited 12 cents to $72.79 U.S. a barrel.
Gold prices dipped $8.10 to $1,772.60 U.S. a pound
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