Inflation figures out
Canadian stocks looked set to open little changed on the last trading day of the week as investors digested the country's inflation data.
The S&P/TSX composite index fell into the red 22.83 points to close Thursday at 15,203.51
The Canadian dollar picked up
Royal Dutch Shell has suspended development of a liquefaction unit at
Morgan Stanley, Canaccord Genuity, Barclays and NBF upped their targets on Canadian Pacific Railway's stock
Canaccord Genuity raised the rating on IBI Group to speculative buy from hold
On the economic front, Statistics Canada reported this morning that consumer prices rose 2.4% in the 12 months to June, following a 2.3% increase in May. On a seasonally adjusted monthly basis, the Consumer Price Index increased 0.3% in June, after rising 0.2% in May.
What's more, the agency reported that the wholesale trade perked once again in May, rising 2.2% to
It could be a nervous session for markets Friday as geopolitical tensions shake investor sentiment.
Ahead of the opening bell, futures for the Dow Jones Industrials eked up one point to 16,942. Futures for the S&P 500 took on 2.25 points, or 0.1%, to 1,955.75, and futures for the NASDAQ gained 10 points, or 0.3%, to 3,886.
General Electric and Honeywell will report earnings before the opening bell.
Google shares gained 1.7% pre-market after the company reported another quarter of surging sales growth. News that
Drugmaker AbbVie could unveil a deal to buy Shire as early as Friday, according to reports. The
World markets fell further on Friday on fear of escalating tensions in
The U.S. believes Flight MH17 was brought down by a surface-to-air missile over a region that has seen heavy fighting between pro-Russian separatists and Ukrainian government forces.
Analysts say the tragedy could damage business confidence, particularly in
Oil prices gained
Gold prices dipped
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