Yahoo Finance 
Futures Brighter
Stock futures pointed to a sharply higher opening for Canada's main stock index on Monday as upbeat manufacturing data from China and weakness in the U.S. dollar supported commodity prices.
The S&P/TSX Composite Index tumbled 62.71 points to end Friday and the week at 15,128.65. September futures climbed 0.3% Monday.
The Canadian dollar ballooned 0.51 cents to 80.18 U.S. early Monday
Precision Drilling Corp reported a smaller-than-expected quarterly loss, helped by higher oil prices that drove strong demand from North America and the Middle East.
Canaccord Genuity raised the target price on Macdonald Dettwiler and Associates to $80.00 from $70.00
CIBC cut the price target on George Weston to $123.00 from $126.00
Credit Suisse raised the target price on Norbord Inc. to $50.00 from $42.00
On matters macroeconomic, Statistics Canada reported that its industrial product price index declined 1.0% in June, mainly due to lower prices for energy and petroleum products. The Raw Materials Price Index declined 3.7%, primarily due to lower prices for crude energy products.
ON BAYSTREET
The TSX Venture Exchange nosed ahead 3.36 points Friday to 772.57.
ON WALLSTREET
U.S. stock index futures pointed to a slightly higher open on Monday as investors keep their focus on earnings reports
Ahead of the opening bell, futures for the Dow Jones Industrials gained 58 points, or 0.3%, to 21,833. Futures for the S&P 500 took on 3.5 points, or 0.1%, to 2,473.75. NASDAQ futures gained 13.5 points, or 0.2%, to 5,923.75.
Pandora Media, Alexandria Real Estate and Itau Unibanco are due to report after the bell.
In terms of data, investors will be watching out for Chicago Purchasing Managers Index numbers due at 09:45 EDT, pending home sales at 10 a.m. EDT time and the Dallas Fed manufacturing figures at 10:30 a.m. EDT.
Overseas, the Nikkei 225 in Japan slid 0.2%, and Shanghai’s CSI 300 gained 0.4%.
Oil prices faded 18 cents to $49.53 U.S. per barrel.
Gold prices skidded 90 cents to $1,274.40 U.S. an ounce.
