India, Aug. 29 -- Lower Canadian and U.S. futures ahead of Canadian GDP data and U.S. personal consumption expenditure report, point to a weak start on Bay Street Friday morning.
Also, investors may look to take some profits following strong gains earlier in the week.
Canada's GDP data for the third quarter is due out at 8:30 AM ET. The Canadian economy registered a 0.5% growth in the first three months of 2025, from a quarter earlier. On an annualized basis, the Canadian GDP expanded by 2.2% in the first quarter, firmly above expectations of 1.7%.
US PCE reading for July, Chicago PMI reading, and Michigan Consumer Sentiment report are also due this morning.
In earnings news, Laurentian Bank (LB.TO) reported net income of $37.5 million ...