Stock futures for Canada's main stock index were little changed on Tuesday after kicking off the second quarter on an upbeat note in the previous session.
The S&P/TSX Composite Index spiked 125.97 points to end Monday’s session at 16,228.06
The Canadian dollar docked 0.02 cents to 75.10 cents U.S. early Tuesday
June futures nicked up 0.03% Tuesday.
Bank of Canada Governor Stephen Poloz expressed guarded optimism on Monday that the country would emerge from a soft patch, but maintained a cautious tone overall, saying the economic outlook still warrants an interest rate below the neutral range.
Australian cobalt developer Jervois Mining on Tuesday said it would buy out Canada-based Ecobalt Solutions, for $57.6 million, to expand its geographical footprint into the United States.
RBC raised the target price on Corus Entertainment to $7.50 from $7.00
Canaccord Genuity cut the target price on Roots Corp. to C$5 from C$6
ON BAYSTREET
The TSX Venture Exchange eased 0.7 points Monday to 626.19
ON WALLSTREET
U.S. stock futures were little changed on Tuesday as investors digested a strong rally from the previous session.
Futures for the Dow Jones Industrial Average inched ahead six points at 26,264
Futures for the S&P 500 picked up 2.5 points, or 0.1%, at 2,873
NASDAQ futures edged up 10.5 points, or 0.1%, to 7,509
A sharp decline in Walgreens Boots Alliance also kept stock futures in check. Shares of the Dow member fell 8% in the pre-market on weaker-than-expected earnings. Walgreens also lowered its earnings forecast for 2019.
The U.S. durable goods report is due to be released Tuesday at 8:30 a.m. ET.
Overseas, in Japan, the Nikkei 225 dished off more than three points Tuesday, while in Hong Kong, the Hang Seng Index sailed higher 0.2%
Oil prices gained 30 cents to $61.89 U.S. a barrel.
Gold prices faded 40 cents to $1,293.80 U.S. an ounce.
