Stocks Foreseen Going Higher on Oil Prices

Boeing Falters Yet Again

Futures pointed to a higher opening for Canada's main stock index on Tuesday, tracking gains in oil prices.

The S&P/TSX Composite Index jumped 110.03 points to conclude trading on Monday at 16,106.24

The Canadian dollar faded 0.09 cents to 74.56 cents U.S. early Tuesday

March futures gathered 0.2% Tuesday.

CIBC raised the target price on CGI Group to $92.00 from $90.00

Desjardins cut the rating on Empire Company to hold from buy

TD Securities cut the price target on Linamar to $60.00 from $62.00


The TSX Venture Exchange gained 1.47 points Monday o 619.55


U.S. stock index futures traded lower on Tuesday as investors digested sharp gains from the previous session.

Futures for the Dow Jones Industrial Average slumped 71 points, or 0.3%, at 25,619

Futures for the S&P 500 lopped off 1.25 points at 2,787.75

NASDAQ futures gained 2.75 points to 7,195

Boeing shares fell more than 2% in the pre-market, adding to steep losses from Monday's session. Boeing fell after Edward Jones downgraded the stock to hold from buy, citing a possible "delay in orders" after two 737 MAX jets crashed in less than six months.

Townsquare Media and Dick's Sporting Goods are among the companies reporting earnings Tuesday.

Stocks in Asia Tuesday got a slight boost after British Prime Minister Theresa May got legally binding assurances from the European Union over the most contentious part of the deal, the Irish backstop.

Investor attention will be firmly focused on the Brexit deal in the U.K. when British Members of Parliament vote Tuesday evening on whether to accept or reject May's deal ahead of the scheduled March 29 departure from the E.U.

Overseas, in Japan, the Nikkei 225 rocketed 1.8% Tuesday, while in Hong Kong, the Hang Seng Index zoomed 1.5%

Oil prices surged 35 cents to $57.14 U.S. a barrel.

Gold prices gained $5.30 to $1,296.40 U.S. an ounce.