U.S. futures are flat to start the week as investors are in wait and see mode ahead of fresh economic data south of the border this week that is expected to provide some near-term direction for the markets.
to start the week as investors are in wait-and-see mode ahead of fresh economic data south of the border that is expected to provide some near-term direction for the markets. The U.S. consumer price index, which will provide insight into the pace of inflation, is due out Tuesday morning and U.S. retail sales data, which is due out Wednesday morning, will provide some guidance into the strength of the consumer.
B2 Gold shares will be a stock to watch after the company agreed to buy Sabina Gold & Silver in an all-stock deal valued at $1.1-billion Federal NDP Leader Jagmeet Singh sent a letter to Industry Minister François-Philippe Champagne on Sunday urging him to block Rogers Communications $20-billion takeover of Shaw Communications
We'll continue to keep an eye on shares of Magna International after the stock fell 17 per cent on Friday. Wells Fargo and TD are both reducing their price targets for the auto parts maker this morning
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