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Stocks Expected to Stand Pat at Open

Canadian Tire, Norbord in Focus

Futures for Canada's main stock index were little changed on Monday after rising nearly 1% last week.

The S&P/TSX Composite Index slid 34.29 points to finish Friday and the week at 15,506.31

The Canadian dollar backpedaled 0.07 cents at 76.26 cents U.S. early Monday

March futures eased 0.02% Monday.
The unlikely combination of freshwater fish and cannabis is producing outsized medical marijuana crops that Green Relief Inc aims to capitalize on, as the Canadian company plots a stock market listing and global expansion.

RBC raised the price target on Canadian Tire to $203.00 from $201.00

RBC cut the rating on Norbord to outperform from top pick

Barclays raised the price target on Open Text to $64.00 from $63.00

ON BAYSTREET

The TSX Venture Exchange gained 0.14 points Friday to 622.86

ON WALLSTREET

U.S. stock index futures were little changed early Monday, as market participants awaited another batch of quarterly corporate results.

Futures for the Dow Jones Industrial Average were flat at 24,996

Futures for the S&P 500 docked 0.5 points to 2,703.75

NASDAQ futures also lost 0.5 points to 6,877.25

Alphabet, Gilead Sciences and Seagate Technology are all expected to publish their latest figures after the bell. Earlier on Monday, Clorox reported better than expected earnings, sending its stock up more than 5%.

The moves in pre-market trade come after a surge in optimism on Wall Street at the end of last week. A U.S. Labor Department report on Friday showed non-farm payrolls jumped by 304,000 last month — the largest gain since February 2018.

On the data front, investors are likely to monitor U.S. factory orders figures for November at around 10 a.m. ET

Overseas, in Japan, the Nikkei 225 gained 0.5% Monday, while in Hong Kong, the Hang Seng index eked higher 0.2%

Oil prices fell 58 cents to $54.68 U.S. a barrel.

Gold prices sank $6.70 to $1,315.40 U.S. an ounce.