Bay Street Likely To Open Weak

Lower Canadian and U.S. futures point to a weak Bay Street open as renewed Middle East conflict concerns and rising oil prices weigh on sentiment. The lack of a concrete outcome from the U.S.-China summit in Beijing adds to the risk-off tone. The move is broad market-wide rather than stock-specific.

Analysis

Lower Canadian and U.S. futures point to a weak Bay Street open as renewed Middle East conflict concerns and rising oil prices weigh on sentiment. The lack of a concrete outcome from the U.S.-China summit in Beijing adds to the risk-off tone. The move is broad market-wide rather than stock-specific.