Canada's main stock index futures indicated a higher open for Tuesday as oil prices hovered near a six-month high.
The S&P/TSX Composite Index leaped 144.19 points, or 1.1%, to close Monday at 13,893.49. Futures poked up 0.2% Tuesday.
The Canadian dollar faded 0.21 cents, to 77.35 early Tuesday
Brazilian plane maker Embraer SA may challenge the state funding received by Canadian rival Bombardier Inc. at the World Trade Organization (WTO).
Hudson's Bay Co will expand in Europe by taking over 20 department stores in the Netherlands.
PokerStars owner Amaya Inc's quarterly profit more than doubled as the company added customers, expanded its online casino offerings and invested in its online sportsbook, results showed on Monday.
Indonesia's Gunawan family is weighing the sale of as much as an 80% stake in its general insurance business, PT Asuransi Multi Artha Guna, to Canada's Fairfax Financial Holdings.
On the economic beat, Statistics Canada reported that manufacturing sales in this country fell 0.9% to $50.0 billion in March, a second consecutive monthly decline.
ON BAYSTREET
The TSX Venture Exchange grew 6.74 points Monday to 686.42
ON WALLSTREET
U.S. stock futures are pushing up out of minus territory Tuesday
Ahead of the opening bell, futures for the Dow Jones Industrials was still negative nine points, or 0.1%, to 17,655, while futures for the S&P 500 dipped one point, or 0.1%, to 2,061.75. NASDAQ futures acquired 0.75 points to 4,376.
Home Depot and the company behind retailer T.J. Maxx, TJX, are set to report earnings this morning before the opening bell.
Twitter, Vodafone: Twitter is in the spotlight Tuesday after welcoming a new board member, Debra Lee, the CEO of BET Networks.
Lee is a long-time media executive who has served as chief executive of BET for the past 10 years. BET is owned by Viacom.
On the economics side, the Bureau of Labor Statistics will release its latest monthly data about U.S. consumer price inflation this morning.
At the same time, the Census Bureau will release important housing market data for April related to housing starts and building permits.
European markets are rising in early trading and most Asian markets ended with gains.
Oil prices dropped a penny to $47.71 U.S. a barrel
Gold prices slid 26 cents to $1,273.90 U.S. an ounce.
