Global shares were mixed, buoyed by relief over the imminent end of the U.S. government shutdown, but tempered by worries about valuations in the technology sector.

Wall Street futures were muted after major U.S. markets closed sharply higher yesterday.

TSX futures were in positive territory.

In Canada, investors are getting results from CAE Inc., Orla Mining Ltd., Chemtrade Logistics Income Fund, Extendicare Inc.

“Obviously, the shutdown isn’t completely sorted yet. The House has got to get it through, but given the arithmetic of the House, that seems pretty certain,” Investec chief economist Philip Shaw said, referring to the Republican majority in the House of Representatives.

“The data deluge is going to be essentially a huge market event. One question is whether the data and the analysis by the Fed are consistent with each other,” he said.

Overseas, the pan-European STOXX 600 was up 0.65 per cent in morning trading. Britain’s FTSE 100 rose 0.9 per cent, Germany’s DAX edged up 0.11 per cent and France’s CAC 40 advanced 0.65 per cent.

In Asia, Japan’s Nikkei closed 0.14 per cent lower, while Hong Kong’s Hang Seng edged up 0.18 per cent.

Oil prices were stable as oversupply concerns balanced uncertainty over the impact of the latest U.S. sanctions on Russian oil.

Brent crude futures rose 0.42 per cent to US$64.33. West Texas Intermediate (WTI) crude was at US$60.39 a barrel, up 0.43 per cent.

Restricted fuel exports as a result of the sanctions are propping up oil prices in the face of a crude oil glut, PVM analyst Tamas Varga said.

In other commodities, spot gold was up 0.7 per cent at US$4,142.60 an ounce. U.S. gold futures for December delivery rose 0.7 per cent to US$4,149.20 per ounce.

The Canadian dollar weakened against its U.S. counterpart.

The day range on the loonie was 71.21 US cents to 71.35 US cents in early trading. The Canadian dollar was up about 0.11 per cent against the greenback over the past month.

The U.S. dollar index, which weighs the greenback against a group of currencies, was little changed at 99.57.

The euro advanced 0.15 per cent to US$1.1576. The British pound dropped 0.29 per cent to US$1.3136.

Bond markets are closed in Canada for Remembrance Day and in the United States for Veterans Day.

6 a.m. ET: U.S. NFIB Small Business Economic Trends Survey for October

8:30 a.m. ET: U.S. ADP Employment (4-week average change) for October.

With Reuters and The Canadian Press