March futures on the S&P/TSX were up 0.8% at 7 a.m. ET.
The S&P/TSX composite index on the Toronto Stock Exchange ended down 0.3% at 21,232.03 on Tuesday for the second day in a row. [.TO]
Oil slipped to $125 a barrel in volatile trading on Wednesday, with investors valuing a US ban on Russian oil imports and a ceasefire in Ukraine on Wednesday to allow civilians to flee. [O/R]
Dow e-minis were up 470 points, or 1.44%, 7:03 a.m. ET, while S&P 500 e-minis gained 66.75 points, or 1.6%, and Nasdaq 100 were up 260 points, or 1.96%. [.N]
TOP STORIES [TOP/CAN]
Canadian business jet maker Bombardier said on Tuesday it found no evidence of wrongdoing based on information available to the company, after Norway’s sovereign wealth fund placed it on a list. monitoring for possible exclusion of investments due to ethical concerns.
ANALYSTS’ RESEARCH STRENGTHS [RCH/CA]
Curaleaf Holdings Inc: Jefferies raises target price from C$24 to C$25.
Dollarama Inc: CIBC raises target price from CA$60 to CA$68.
Groupe Intertape Polymer Inc: CIBC reduces performance target from “outperform” to “tender”.
AMENITIES 7:00 a.m. ET
Gold futures: $2022.2; -1.02% [GOL/]
US Crude Oil: $119.61; -3.31% [O/R].
Brent Crude Oil: $123.93; -3.1% [O/R].
US ECONOMIC DATA FORECAST FOR WEDNESDAY
1000 JOLTS job openings for Jan: Expected 10.925 mln; Prior 10.925 mln
1100 Refinitiv IPSOS PCSI for Mar: Prior 53.62
FOR NEWS FROM CANADIAN MARKETS, CLICK ON THE CODES:
TSX Market Report [.TO]
Report on the Canadian dollar and Canadian bonds [CAD/] [CA/].
Reuters Global Equity Survey for Canada
Canadian Markets Directory
($1= C$1.28)