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S&P/TSX Composite Index

15,675.28 real time data change up
Change: 58.92 (0.38%)

S&P/TSX Venture Composite Index

831.15 real time data change down
Change: -0.06 (-0.01%)
10:06 AM EST, January 02, 2018
Higher Open in Store in Toronto

Stock futures pointed to a higher opening for Canada's main stock index on Tuesday

The S&P/TSX Composite Index fell 12.82 points from Thursday's record close to finish Friday, the week, month and year at 16,209.13

The Canadian dollar inched up 0.08 cents to 79.72 cents U.S. Tuesday morning.

March futures bounded up 0.3% Tuesday.

Economically speaking, Canada's Markit manufacturing Purchasing Managers Index data for December is due at 09:30 a.m. ET.

Markets throughout North America were shuttered Monday for New Year's Day


The TSX Venture Exchange hurtled 8.48 points higher Friday to 850.72


U.S. stock index futures pointed to a slightly higher open on Tuesday, as investors await what the coming year could bring for markets.

Futures for the Dow Jones Industrials advanced 67 points, or 0.3%, to 24,802

S&P 500 futures gained 7.75 points, or 0.3%, to 2,683.75, while futures on the NASDAQ Composite index acquired 23.75 points, or 0.4%, to 6,432.50

U.S. markets finished last Friday's session — and ended 2017's last trading day — on a negative note, although the S&P 500 posted its best year since 2013.

It's a day light on earnings data, and, with little economic news set to shake up sentiment, investors will be looking to the latest in geopolitics and commodities.

Concerns remain regarding North Korea's relationship with the West, after the isolated state's leader Kim Jong-Un warned the U.S. that he had a "nuclear button" on his desk, ready for use if his country was threatened. The leader did, however, offer optimism to South Korea, saying during his New Year's address that he was open to dialogue with the country.

In data news, manufacturing purchasing managers' index (PMI) data is due out at 9:45 a.m. ET.

Overseas, European markets were generally negative in the first half of the first session of the year, while in Hong Kong, the Hang Seng Index vaulted 2%. Japanese markets were off for the day.

Oil prices faded eight cents to $60.34 U.S. per barrel.

Gold prices gained $4.70 to $1,314 U.S. an ounce.

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