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March futures on the S&P/TSX index were down 0.7% at 06:53 a.m. ET.
The Toronto Stock Exchange’s composite index ended 0.1% higher at 21,548.84 on Friday, recording its third straight weekly advance. (TO)
Russia could invade Ukraine at any time and might create a surprise pretext for an attack, the United States said on Sunday, as it reaffirmed a pledge to defend “every inch” of NATO territory.
Dow e-minis were down 215 points, or 0.62%, at 6:53 a.m. ET, while S&P 500 e-minis were down 31 points, or 0.7%, and Nasdaq 100 e-minis were down 129 points, or 0.91%. [.N]
TOP STORIES [TOP/CAN]
Canada has temporarily withdrawn its Ukraine-based military personnel to an undisclosed destination in Europe, the Canadian defence ministry said on Sunday, as Western countries fear Russia is preparing to invade Ukraine.
A pandemic-driven exodus of young families out of Canada’s largest cities has depleted a core age group of workers from the already tight labor market, which experts say risks accelerating wage inflation in certain industries.
ANALYST RESEARCH HIGHLIGHTS [RCH/CA]
Constellation Software: National Bank of Canada (OTC:NTIOF) ups PT to C$2,350 from C$2,100
Telus (NYSE:TU) Corp: JP Morgan raises to “overweight” from “neutral”
Toromont Industries Ltd: TD Securities raises target price to C$125 from C$120
COMMODITIES AT 7:00 a.m. ET
Gold futures: $1855.9; +0.8% [GOL/]
US crude: $92.8; -0.27% [O/R]
Brent crude: $94.11; -0.25% [O/R]
FOR CANADIAN MARKETS NEWS, CLICK ON CODES:
TSX market report (TO)
Canadian dollar and bonds report [CAD/] [CA/]
Reuters global stocks poll for Canada
Canadian markets directory
($1= C$1.28)
