Futures on Canada’s stock markets were little changed on Friday as investors digested U.S. non-farm payrolls data.
The S&P/TSX Composite Index triumphed 78.74 points to conclude Thursday at 15,211.87
September futures were down 0.04% on Friday morning.
The Canadian dollar picked up 0.2 cents to 80.32 cents U.S. Friday morning.
Canada's National Energy Board said Thursday it will hold a series of public hearings beginning this year to determine the route for Kinder Morgan Inc's Trans Mountain pipeline expansion.
Mexico and Canada would remain in the North American Free Trade Agreement even if the Trump administration abandoned the accord, Mexican Economy Minister Ildefonso Guajardo said on Thursday.
TD Securities raised the price target on Canadian Western Bank to $32.00 from $30.00
KBW raised the target price on Toronto-Dominion Bank to $70.00 from $68.00
Markit Manufacturing Purchasing Managers Index data for August is due out at 9:30 a.m. ET
ON BAYSTREET
The TSX Venture Exchange added 3.93 points Thursday to 776.85
ON WALLSTREET
U.S. stock index futures pointed to a higher open on Friday, as investors turned their attention to a new batch of economic data, including the monthly U.S. jobs report, released on the first Friday of every month.
Ahead of the opening bell, futures for the Dow Jones Industrials progressed 65 points, or 0.3%, to 22,015. Futures for the S&P 500 picked up 6.5 points, or 0.3%, to 2,476.5. NASDAQ futures added 18.25 points, or 0.3%, to 6,009.25
The U.S. Labor Department reported Friday morning that the economy stateside created 156,000 jobs during August. The unemployment rate held at 4.3%
Economists expected Friday's non-farm payrolls report to show U.S. employers added 180,000 jobs.
Investors are scrutinizing the latest figures, to get a taste for how the U.S. economy is performing as of late, and what this may mean for the Federal Reserve's strategy going forward.
Following on from the latest jobs numbers, investors will then be turning their attention to manufacturing Purchasing Managing Index and manufacturing Institute for Supply Management report on business, due out at 9:45 a.m. ET and 10 a.m. ET respectively.
Consumer sentiment and construction spending will also come out at 10 a.m. ET.
No major earnings releases are due out Friday.
In Europe, stocks were trading higher by noon on the continent, Japan’s Nikkei 225 inched up 0.2% and the CSI 300 in Shanghai also climbed 0.2%
Oil prices sifted off seven cents to $47.16 U.S. per barrel.
Gold prices gained $3.10 to $1,325.30 U.S. an ounce.
