S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
Futures tracking Canadian stocks edged lower on Friday amid heightened uncertainty in the Middle East. The US threatened an indefinite naval blockade of Iran, reviving concerns about disruptions to crude supplies from the region. Oil prices moved higher, fueling inflationary pressures and weighing on financials and other credit-sensitive shares. Meanwhile, gold prices rebounded after earlier losses, lending support to mining stocks. On the earnings front, Bird Construction beat second-quarter profit estimates, prompting at least three brokerages to raise their price targets on the stock. Air Canada’s revenue for September and October is likely to reach records for the two months as more premium travelers avoid the heat and summer crowds in Europe and Japan, according to a senior executive. Canadian Tire beat estimates for both EPS and revenue in the second quarter. Onex said its second quarter showed progress toward several strategic goals.
