Futures for equities in Canada’s largest market rose on Tuesday, as a third promising COVID-19 vaccine spurred hopes of a quicker economic recovery and pushed up oil prices to its highest since March.
The TSX gained 75.43 points to close Monday at 17,094.53.
The Canadian dollar raised itself 0.13 cents Tuesday at 76.62 cents U.S.
December futures added 0.6% Tuesday.
RBC raised the target price on Canadian Pacific Railway to $506.00 from $451.00
Jefferies raised the target price on First Quantum Minerals to $33.00 from $20.00
Jefferies raised the target price on Sierra Metals to $4.00 from $2.75
The TSX Venture Exchange finished 3.24 points in the green Monday at 743.69.
U.S. stock futures climbed early Tuesday in relief over the Trump administration’s move to begin the transition process.
Futures for the Dow Jones Industrials sprang 303 points, or 1%, to 29,843.
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