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S&P/TSX Composite Index

16,284.47 real time data change down
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Change: -42.23 (-0.26%)

S&P/TSX Venture Composite Index

876.79 real time data change down
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Change: -8.17 (-0.92%)
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10:07 AM EST, December 29, 2017
Slightly Higher Open for Year's Last Session

Stock futures pointed to a higher opening for Canada's main stock index on Friday as oil prices hit their highest levels since mid-2015 after an unexpected fall in American production, as well as a fall in commercial crude inventories.

The S&P/TSX Composite Index added 18.82 points to Wednesday's record close to end Thursday at 16,221.95

The Canadian dollar moved up 0.13 cents to 79.72 cents U.S. Friday morning.

March futures were up 0.1% Friday.

Canada's main stock index extended gains on Thursday from the previous session's record high as the rise in shares of energy, technology and marijuana companies offset losses for industrials and gold miners.

ON BAYSTREET

The TSX Venture Exchange popped 15.52 points, or 1.9%, Thursday to 842.24

ON WALLSTREET

U.S. stock index futures were mixed to higher ahead of Friday's open, as investors get ready for the start of a new trading year.

Futures for the Dow Jones Industrials vaulted 73 points, or 0.3%, to 24,870

S&P 500 futures gained 10.25 points, or 0.4%, to 2,696, while futures on the NASDAQ Composite index jumped 20.25 points, or 0.3%, to 6,466.50

In individual stock news, Apple issued a statement to consumers apologizing over the handling of its battery issue, after it admitted to slowing down older iPhones.

In the letter, the tech giant said it would be making a number of changes for customers "to recognize their loyalty" and try to regain the trust of anybody who could have doubted Apple's intentions.

Overseas, European markets fluctuated in early trade, while Japan's Nikkei 225 ducked lower 0.1%. In Hong Kong, the Hang Seng Index moved up 0.2%

Oil prices picked up 19 cents to $60.03 U.S. per barrel.

Gold prices gathered $1.30 to $1,298.50 U.S. an ounce.



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