Futures for stocks in Canada’s largest market were little changed on Monday, after the index notched its steepest fall in over five months on Friday and as investors await U.S President Donald Trump's address to a joint session of Congress on Tuesday.
The S&P/TSX Composite plummeted 247.73 points, or 1.6 %, to close Friday and the week at 15,533.47. Futures trucked lower 0.03% early Monday.
The Canadian dollar was unchanged at 76.22 cents U.S. early Monday.
Blackberry Ltd may have exited the device business, but fans of the pioneering email machine need not despair as Chinese smartphone maker TCL Communication has introduced its first Blackberry-licensed phone with the physical keyboard that was long its key allure.
Canadian Imperial Bank of Commerce's insistence on keeping its discipline while assessing whether to increase its $2.9-billion bid for Chicago-based PrivateBancorp leaves the bank's U.S. expansion plans in the balance.
ON BAYSTREET
The TSX Venture Exchange tailed off 3.18 points Friday to 836.27
ON WALLSTREET
U.S. stock index futures pointed to a flat open on Monday, as stocks tried to continue their recent record run.
Ahead of the opening bell, futures for the Dow Jones Industrials shed 18 points, or 0.1%, to 20,769. Futures for the S&P 500 slid 1.75 points, or 0.1%, to 2,363.25. NASDAQ futures slid 11 points, or 0.2%, at 5,332.25
The Dow finished marginally higher last week, recording its 11th straight record close, its longest winning streak since 1992.
In earnings, American Tower and Vimpelcom are among the companies that reported results before the bell. This afternoon, Priceline, Workday and ZTO Express are set to post earnings.
Durable goods orders are expected this morning, followed soon by pending home sales.
European markets were somewhat lower by noon on the continent, while Asia-Pacific were almost uniformly lower, with the exception of New Zealand.
Oil prices gained 55 cents to $54.54 U.S. per barrel.
Gold prices fell $2.20 to $1,256.10 U.S. an ounce.
