BlackBerry in focus
Canadian stocks looked set to open lower on the last trading day of the week as investors awaited the country's inflation data.
The S&P/TSX composite index was in the green 2.97 points to end Thursday at 15,112.22.
Futures were down 0.02% Friday.
The Canadian dollar eked up
African Barrick Gold Plc, the
On the economic front, Statistics Canada reported that consumer prices rose 2.3% in the 12 months to May, following a 2.0% increase in April. On a seasonally-adjusted monthly basis, the Consumer Price Index increased 0.2% in May, after rising 0.3% in April.
What's more, retail sales increased for the fourth consecutive month in April, advancing 1.1% to
Moreover, the ratio of Canadian household debt to income edged down further in the first quarter from the record high it hit last year, buttressing policymakers' expectations that a soft landing is in store for the housing market and family indebtedness.
Stock futures were flat early Friday in the absence of obvious market catalysts.
Ahead of the opening bell, futures for the Dow Jones Industrials fell five points to 16,828. Futures for the S&P 500 were flat to 1,950.25, and futures for the NASDAQ faded 0.75 points to 3,788.25.
Shares in Oracle fell by more than 6% in pre-market trading after the company's fourth quarter earnings missed analysts' expectations. GM slipped, albeit barely.
CarMax and Darden Restaurants, which owns brands including Olive Garden and
Siemens and Mitsubishi Heavy Industries have raised their joint offer for Alstom's energy business, a day after General Electric sweetened its own bid.
Shares in Euronext, the operator of markets in
European markets were slightly firmer in morning trading, after U.S. stocks chalked up another strong finish Thursday. Asian markets were mixed. Oil prices were slightly weaker.
Oil prices were down
Gold prices registered down 0.08% at
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