Canada Stocks: TSX futures rise in line with global markets

ADENTRA

22/04/2020 12:32

April 22 (Reuters) - Futures for Canada's main stock index
rose on Wednesday, tracking a bounce in global stocks as oil
recovered from early losses.
    Oil took markets on another rollercoaster ride as Brent
reversed an early 12% crash to 1999 lows and give battered
petrocurrencies and stock markets something buoyant to climb on.
 urn:newsml:reuters.com:*:nL5N2CA3ZD
    June futures on the S&P/TSX index  SXFc1  were up 1.25% at
7:00 a.m. ET (11:00 a.m. GMT).
    Data on inflation and new housing prices is due at 8:30 a.m.
ET.
    The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE
closed down 3.1% at 13,940.06.  urn:newsml:reuters.com:*:nL2N2C90VK
    Dow Jones Industrial Average e-mini futures  1YMc1  were up
1.11% at 7:00 a.m. ET, while S&P 500 e-mini futures  ESc1  were
up 1.24% and Nasdaq 100 e-mini futures  NQc1  were up 1.14%.
 .N 
    
     
    TOP STORIES  TOP/CAN 
    Canadian Pacific Railway Ltd  CP.TO  said on Tuesday it
expects full-year adjusted earnings to be flat due to the
coronavirus pandemic and warned of rapidly slowing crude
volumes.  urn:newsml:reuters.com:*:nL3N2C91MR
    
    
    ANALYST RESEARCH HIGHLIGHTS  RCH/CA 
    Canwel Building Materials Group  CWX.TO:  Canaccord Genuity
cuts to sell from hold
    Hardwoods Distribution  HDI.TO:  Canaccord Genuity cuts to
hold from buy
    Teck Resources Ltd  TECKb.TO:  Citigroup cuts to neutral
from buy
    
    
    COMMODITIES AT 7:00 a.m. ET 
    Gold futures  GCc2 : $1709.9; +1.88%  GOL/ 
    US crude  CLc1 : $11.63; +0.52%  O/R 
    Brent crude  LCOc1 : $19.36; +0.16%  O/R 
    
    
    U.S. ECONOMIC DATA DUE ON WEDNESDAY
    0900 (approx.) Monthly Home Price mm for Feb: Prior 0.3%
    0900 (approx.) Monthly Home Price yy for Feb: Prior 5.2%
    0900 (approx.) Monthly Home Price Index for Feb: Prior 284.4
    
    
    FOR CANADIAN MARKETS NEWS, CLICK ON CODES:
    TSX market report  .TO 
    Canadian dollar and bonds report  CAD/   CA/ 
    Reuters global stocks poll for Canada  EQUITYPOLL1 
 EPOLL/CA 
    Canadian markets directory  CANADA 
 ($1= C$1.41)

 (Reporting by Pooja Kesavan in Bengaluru; Editing by Rashmi
Aich)
 ((pooja.theikkattu@thomsonreuters.com))