Futures for Canada's main stock index fell on Tuesday, hit by a fall in oil prices as the rapid spread of COVID-19 infections in India raised concerns about demand.
The TSX dumped 85.25 points to close Monday at 19,387.49
The Canadian dollar ditched 0.17 cents Tuesday to 82.66 cents U.S.
June futures dissolved 0.9% Tuesday.
On a day when the macroeconomic calendar is bare, Alimentation Couche-Tard said that it has priced a $1-billion debt offering, including inaugural green bonds.
French train maker Alstom earmarked a further 632 million euros ($768 million U.S.) of provisions for risks on its earlier purchase of Bombardier's rail unit, while adding its integration of the Bombardier business was on track.
BMO raised the target price on Recipe Unlimited to $31.00 from $21.00
Credit Suisse raises target price on Nuvei Corrp. to $80.00 from $65.00
Piper Sandler cut the target price on Tilray to $15.00 from $26.00
ON BAYSTREET
The TSX Venture Exchange tumbled 15.29 points, or 1.6%, to 939.69.
ON WALLSTREET
Stock futures fell on Tuesday as investors continued to dump technology stocks.
Futures for the Dow Jones Industrials tumbled 186 points, or 0.5%, to 34,482.
Futures for the S&P 500 dwindled 36.5 points, or 0.8%, to 4,147.
Futures for the NASDAQ Composite index faded 197 points, or 1.5%, to 13,159.75.
Shares of Big Tech stocks were all in the red once again Tuesday. Facebook, Apple and Amazon were all down more than 1.5% in pre-market trading.
Tesla shares fell nearly 4% in pre-market trading as Reuters reported the electric carmaker and bellwether growth play halted plans to expand its Shanghai plant into an export hub.
Big Tech got clobbered on Monday as investors exited stocks like Apple and Microsoft, dragging the Dow and the S&P 500 off their record highs in the process. Both of those stocks lost at least 2% to start the week.
Simon Property Group saw its stock retreat about 3% in the pre-market despite better-than-expected numbers. The real estate property manager reported first-quarter earnings of $1.36 per share on revenues of $1.15 billion.
Electronic Arts, Chesapeake Energy, Hanesbrands, and Palantir Technologies will all deliver earnings results on Tuesday.
The U.S. Labor Department will on Tuesday publish the latest results of its Job Openings and Labor Turnover Survey. Several high-ranking Federal Reserve officials, including Governor Lael Brainard and New York Fed President John Williams, are also scheduled to deliver remarks.
Overseas, in Japan, the Nikkei 225 stumbled 3.1%, while in Hong Kong, the Hang Seng index sank 2% Tuesday.
Oil prices dumped 66 cents to $64.26 U.S. a barrel.
Gold prices hiked $3.90 to $1,841.50 U.S.
