Higher Numbers Expected for TSX Monday – MENAFN.COM

SourceMENAFN
SectorFinancial Markets
CountryGulf

(MENAFN - Baystreet. ca) Futures for Canada's main stock index rose on Monday, as strong U. S. jobs growth data raised hopes of a global economic recovery, although a drop in oil prices limited gains.

The TSX thundered higher 289. 65 points to close Thursday at 18, 990. 32, a new all-time record. The hike on the week was 237 points, or 1. 27%. The Canadian dollar acquired 0. 10 cents at 79. 69 cents U. S. June futures improved 0. 3% Monday. There was no trading on North American markets Friday, which was Good Friday. National Bank of Canada cut the price target on Goodfood Market Corp to $13. 00 from $13. 75Canaccord Genuity cut the price target on Telus to $29 from $29. 50. National Bank of Canada raised the rating on Uni-Select to outperform from sector performON BAYSTREET The TSX Venture Exchange picked up 8. 29 points to 960. 84 Thursday, for a gain on the week of 17. 5 points, or 1. 86%. ON WALLSTREET Stock futures were higher early Monday as investors reacted to a strong bounce in U. S. job growth last month amid accelerating vaccine rollout. Futures for the Dow Jones Industrials pumped ...read more...