Canada's main stock index was set to open higher on Tuesday, helped by a rise in oil prices.
The S&P/TSX composite index gained 60.04 points to close Monday at 15,074.13
The Canadian dollar gained 0.16 cents to 80 cents U.S. early Tuesday.
Hudson's Bay has made an indicative offer for Metro's department store chain Kaufhof, two people familiar with the matter told Reuters.
Firefighters made progress in battling wildfires in northern Alberta on Monday that have shut in 10% of total oil sands production, and workers began returning to some sites to assess damage.
Three tobacco companies said on Monday that they would appeal a Canadian court ruling that awarded more than $15 billion in damages to Quebec smokers in two related class-action cases.
Bernstein started coverage on First Quantum Minerals with an outperform rating, and a $23.75 price target
Canaccord Genuity started coverage on Pembina Pipeline with a $48 price target
National Bank Financial raised the price target on Kirkland Lake Gold to $7.25 from $6.50
ON BAYSTREET
The TSX Venture Exchange fell 1.18 points Monday to 691.27
ON WALLSTREET
U.S. stock futures are slouching, and all European markets are pushing lower in early trading.
Ahead of the opening bell, futures for the Dow Jones Industrials fell 34 points, or 0.2%, to 17,989, futures for the S&P 500 dropped 5.75 points, or 0.3%, to 2,103.5, and futures for the NASDAQ slumped 11.5 points, or 0.3%, to 4,510.
Cracker Barrel and Dollar General are reporting ahead of the open. Guess will report after the close.
Congress holds a hearing related to the Takata airbag recalls at 2 p.m. ET. Takata executive Kevin Kennedy will take questions.
Shares in the Japanese auto parts maker Takata have plunged by over 40% in the past year as authorities have forced the company to recall its airbags. Roughly 34 million U.S. cars are affected by the recall.
U.S. automakers are reporting monthly vehicle sales figures through the day. Analysts expect the overall number will be strong based on pent-up demand and lower oil prices.
The crisis in Greece is coming to a head. The heavily indebted country needs to repay the International Monetary Fund nearly 1.6 billion euros ($1.75 billion U.S.) in June -- starting with 300 million euros on Friday. Many doubt its ability to come up with the money.
Failure to pay could trigger a run on Greek banks by depositors who worry that their cash may lose value if Greece is forced to leave the euro-zone.
Asian stock markets mostly closed the day with losses.
Oil prices jumped 86 cents to $61.06 U.S. a barrel
Gold prices added $4.40 at $1,193.10 U.S. an ounce.
