Futures for stocks in Canada’s largest market were trading modestly higher on Tuesday as investors looked past President Donald Trump's setback on healthcare reform to his planned stimulus policies.
The S&P/TSX Composite Index chugged higher 63.55 points to end Monday at 15,506.22. June futures notched higher but 0.04% early Tuesday
The Canadian dollar dipped 0.04 cents to 74.68 cents U.S. early Tuesday.
Russian diamond miner Alrosa’s CEO says his company is not interested in buying Dominion Diamond Corp.
RBC cut the target price on Detour Gold to $20.00 from $23.00 with a sector perform rating
Raymond James cut the target price on Heroux-Devtek to $13.00 from $14.50
Canaccord Genuity started coverage on NewCastle Gold with a speculative buy rating, and a $1.50 target price
ON BAYSTREET
The TSX Venture Exchange added 0.54 points to close Monday at 804.14
ON WALLSTREET
U.S. stock index futures pointed to a flat open on Tuesday as investor anxiety over U.S. President Donald Trump's surprise failure to deliver on health-care reform subsided for tentative hopes on planned stimulus policies.
Ahead of the opening bell, futures for the Dow Jones Industrials fell behind 28 points, or 0.1%, to 20,469. Futures for the S&P 500 subtracted 3.25 points, or 0.1%, to 2,335.25. NASDAQ futures dipped six points, or 0.1%, to 5,373.
On the earnings front, Dave & Buster's, RH and Sonic are all due to report after the market close.
On matters macroeconomic, Tuesday will see advance inventories and the S&P/Case Shiller 20-city home price index released before 9 a.m. ET in the U.S.
Services PMI (purchasing managers' index), consumer confidence and Richmond Fed survey data are all scheduled to be released before 10 a.m. ET.
European markets were flat by noon local time. In Asia, the CSI 300 in Shanghai faded 0.2%, while the Nikkei in Japan closed 1.1% higher.
Oil prices advanced 54 cents to $48.27 U.S. per barrel.
Gold prices took on $1.40 to $1,257.10 U.S. an ounce.
