Futures for Canada's main stock index fell on Monday as global trading sentiment was on the edge following Russian political turmoil over the weekend, ahead of domestic inflation data due later in the week.
The TSX lost 162.67 points to finish out Friday at 19,418.23, for a loss of 557 points on the week, or 2.8%, its steepest weekly drop since March.
Futures were off 0.1% Monday.
The Canadian dollar was ahead 0.16 cents to 75.97 cents U.S.
Suncor said on Sunday it experienced a cybersecurity incident, adding that some transactions with customers and suppliers could be impacted while they investigate and resolve the situation.
ON BAYSTREET
The TSX Venture Exchange fell 2.13 points to 598.74, for a loss on the week of 14.83 points, or 2.42%.
ON WALLSTREET
Stock futures were slipped Monday as Wall Street looked to see if the market rally could find more momentum in the final week of June.
Futures for the Dow Jones Industrials hesitated 15 points, or 0.1%, to 33,962.
Futures for the S&P 500 fell 5.5 points, or 0.1%, to 4,383.50.
Futures for the NASDAQ Composite slumped 28.5 points, or 0.2%, to 15,028.75.
Tesla shares slid more than 2% in the premarket after Goldman Sachs downgraded the electric car maker, citing pricing headwinds. The call comes after Tesla has more than doubled year to date.
Segments of the market is still on track for a banner first half of the year. The tech-heavy Nasdaq Composite is up nearly 29% year-to-date, and the S&P 500 is up more than 13%. The Dow, however, is up less than 2%.
The final week of June is a light one for economics reports and corporate earnings, which are highlighted by Walgreens Boots Alliance on Tuesday and Nike on Thursday.
Traders will likely keep an eye on Europe, where Russia saw a brief rebellion by a private military group over the weekend. Uncertainty about the situation there will likely keep the markets on edge.
In Japan, the Nikkei 225 dropped 0.3% Monday, while markets in Hong Kong lost 0.5%
Oil prices gained 32 cents to $69.48 U.S. a barrel.
Gold prices climbed $12.50 to $1,942.10. U.S. an ounce.
