Futures for Canada’s main stock index slipped on Thursday, weighed by a near 3% fall in oil prices as the deepening COVID-19 crisis in India raised concerns about demand.
The TSX lost 166.27 points to end Wednesday at 19,110.77
The Canadian dollar dipped 0.51 cents Thursday to 82.45 cents U.S.
June futures sank 0.6% Thursday.
Canadian Tire surpassed analyst estimates for first-quarter revenue, helped by strong online demand for bikes, patio furniture and pool supplies from people stuck at home due to the COVID-19 crisis.
Cargojet has threatened to move work to the United States unless it wins exemption from rules aimed at preventing pilot fatigue because of their cost, according to a deal rejected by its pilots.
BMO raised the target price on Intact Financial to $190.00 from $185.00
Scotiabank cuts target price on Northland Power to $48.25 from $52.00
The TSX Venture Exchange dropped 19.53 points, … Read more