Canadian shares look headed for a weak start Wednesday morning with some hawkish comments from Fed officials raising concerns about the outlook for interest rate.
Canadian shares may open higher Tuesday morning as resources stocks are likely to find support thanks to rising commodity prices. The focus will be earnings, and key economic data from Canada and the U.
Canadian shares may open higher Monday morning as energy and materials stocks are likely to find support on firm commodity prices. However, with the U.S. markets closed today for Memorial Day, activity on Bay Street is likely to remain a bit lackluster.
Bay Street Seen Opening Higher rttnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rttnews.com Daily Mail and Mail on Sunday newspapers.
The Canadian market likely to open higher on Thursday, with technology stocks set to spearhead the move up north, tracking U.S. tech sector after Nvidia's upbeat earnings updates.