Futures tied to Canada’s resource-heavy main stock index inched higher on Tuesday as commodity prices across the world got a boost from fresh monetary stimulus in major consumer China.
The TSX Composite Index gained 27.34 points to close Monday at 23,894.71.
December futures were up 0.4% Tuesday.
The Canadian dollar grabbed 0.1 cents to 74 cents U.S.
In corporate news, Cineplex has been ordered to pay nearly $39 million after the Competition Tribunal found that the cinema operator engaged in deceptive marketing.
ON BAYSTREET
The TSX Venture Exchange nicked ahead 3.29 points to 588.20.
ON WALLSTREET
U.S. stock futures were little changed on Tuesday after the S&P 500 and Dow Jones Industrial Average posted new record closes.
Futures for the 30-stock index took on four points to 42,505.
Futures for the S&P 500 fell 0.5 points at 5,776.25.
Futures for the NASDAQ inched back 0.75 points to 20,079.25.
Shares in Snowflake fell 3% after Snowflake announced a proposed private placement of $2 billion of convertible senior notes.
Defense stock AAR rose nearly 4%. In the first fiscal quarter, AAR reported adjusted earnings of 85 cents per share, up 9% from the year-ago period. Revenue came in at $661.7 million, up 20% from the prior year.
In Japan, markets returned to trading after a long weekend Tuesday, the Nikkei 225 taking on 0.6%, while in Hong Kong perked 4.1%
Oil prices added 20 cents to $71.20 U.S. a barrel.
Gold prices climbed $3.10 to $2,649.30