Futures were little changed for equity markets in Toronto as jitters about a failed coup attempt in Turkey weighed on investor sentiment.
The S&P/TSX Composite faded 32.1 points to close Friday and the week at 14,482.42
The Canadian dollar gained 0.09 cents to 77.21 cents U.S. early Monday
Canadian Natural Resources has quietly bought up about 12,000 natural gas wells across Alberta over the last two years, an analysis of regulatory data shows, becoming the country's largest natural gas producer as rivals sold assets or held steady in a tough market.
RBC initiated coverage on Turquoise Hill Resources with a sector perform rating as the company offers investors exposure to the development and growth of what will be one of the largest and lowest cost copper producers in the world over the next 10 years.
CIBC raised the target price on Waste Connections by $4.00 to $80.00 based on the expectation on the synergies from the BIN deal to come in quicker than originally forecast.
Economically speaking, Statistics Canada reported that offshore investors poured $14.7 billion into Canada during May, mostly government bonds on the secondary market, while Canadian investors added $5.1 billion in foreign holdings, mostly equities.
ON BAYSTREET
The TSX Venture Exchange gained 1.4 points Friday to 766.36
ON WALLSTREET
U.S. stock futures are pushing up. Both the Dow Jones industrial average and S&P 500 could hit fresh all-time highs on Monday following a record-setting run last week.
Ahead of the opening bell, futures for the Dow took on 36 points, or 0.2%, to 18.453, while futures for the S&P 500 added six points, or 0.3%, to 2,158.75. NASDAQ futures lifted 11.25 points, or 0.3%, to 4,590.50
Tesla CEO Elon Musk has warned that he will soon unveil a "masterplan" for his company. Elon issued a cryptic tweet last Sunday, saying that he was "Working on Top Secret Tesla Masterplan, Part 2."
Musk followed that with another tweet yesterday, saying the plan would be revealed very soon, following a SpaceX launch on Sunday night.
Bank of America, Charles Schwab and Hasbro are the key firms reporting quarterly results ahead of the open.
Netflix, Yahoo! and IBM will report after the close.
Many European markets are rising in early trading, though the gains are modest. Most Asian markets ended the day in positive territory, although the two mainland Chinese indexes dipped slightly into the red.
One of Britain's most successful tech companies --ARM Holdings -- is being snapped up by telecoms firm Softbank in a deal worth £24.3 billion ($32 billion U.S.).
The cash purchase, which was agreed by the boards of both companies, represents a major strategic bet by Softbank CEO Masayoshi Son on mobile communications and the "Internet of Things."
Softbank is paying a 43% premium to make the deal. Shares in ARM quickly surged in London to the offer level.
Oil prices sifted off 50 cents to $45.45 U.S. a barrel
Gold prices gained $1.50 at $1,328.90 U.S. an ounce.
