Stock futures pointed to a lower opening for Canada's main stock index on Tuesday, as oil prices fell more than 1% following investor concerns over next week's vote on Britain's future in the European Union.
The S&P/TSX Composite leaned lower 43.66 points Monday to 13,993.88. June futures in Toronto dipped 0.2%.
The Canadian dollar fell 0.16 cents to 77.74 cents early Tuesday
The new chief executive of Valeant Pharmaceuticals International, Joe Papa, will appear before investors at the company's annual meeting for the first time on Tuesday, likely facing hard questions after months of bad news torpedoed its stock.
Kyrgyz President Almazbek Atambayev ordered state prosecutors on Tuesday to review the legality of agreements signed with Centerra Gold in 2003-2004 and 2009, his office said in a statement.
RBC raised the target price on Canadian Natural Resources to $50.00 from $43.00
Goldman Sachs reinstated coverage on First Quantum Minerals with a sell rating
ON BAYSTREET
The TSX Venture Exchange remained above breakeven 0.28 points Monday to 715.87
ON WALLSTREET
U.S. stock futures are slipping Tuesday morning.
Ahead of the opening bell, futures for the Dow Jones Industrials faded 48 points, or 0.3%, to 17,591, while futures for the S&P 500 dumped 7.25 points, or 0.4%, to 2,062.50. NASDAQ futures fell 16 points, or 0.4%, to 4,402.75.
Top policymakers at the U.S. Federal Reserve kick off their two-day meeting on Tuesday. An announcement on monetary policy and interest rates will come Wednesday.
This morning, the Census Bureau will release U.S. retail sales data for the month of May. Overall sales increased 1.3% in April compared March based on higher sales of autos, gas and online retail -- but general merchandise store sales were flat.
Many European markets are dipping by more than 1% in early trading. Most Asian markets ended the day with losses.
Global markets have grown increasingly nervous about the prospect of the British public voting to leave the European Union during a referendum next week.
Oil prices dipped 70 cents to $48.18 U.S. a barrel
Gold prices gained $1.30 to $1,288.20 U.S. an ounce.
