Canada Stocks: Oil prices weigh on TSX futures

Crown Capital Partners

04/10/2017 12:32

Oct 4 (Reuters) - Canada's main stock index futures dipped 
on Wednesday as oil prices fell on caution that rising U.S. 
crude output could scupper a rally that lasted for most of the 
third quarter. 
    December futures on the S&P TSX index  SXFc1  were down 0.09 
percent at 7:15 a.m. ET. 
    Canada's benchmark stock index rose slightly on Tuesday as 
gains in the resource and financial sectors offset a decline in 
shares of TMX Group after Scotia Capital and Alberta Investment 
Management said they would cut their stake in the stock exchange 
operator.  urn:newsml:reuters.com:*:nL2N1ME1NU 
    Dow Jones Industrial Average e-mini futures  1YMc1  were 
down 0.05 percent at 7:15 a.m. ET, while S&P 500 e-mini futures 
 ESc1  were down 0.06 percent and Nasdaq 100 e-mini futures 
 NQc1  were down 0.08 percent.  .N  
     
 (Morning News Call newsletter http://share.thomsonreuters.com/assets/newsletters/Morning_News_Call/MNC_US.pdf 
 ; The Day Ahead newsletter http://share.thomsonreuters.com/assets/newsletters/The_Day_Ahead/TDA_NAM.pdf) 
     
    TOP STORIES  TOP/CAN  
    Toronto-Dominion Bank  TD.TO  is opening an office in Tel 
Aviv, Israel, to recruit workers with cutting edge cyber 
security skills, after finding a shortage of talent in North 
America, a top TD executive said.  urn:newsml:reuters.com:*:nL2N1ME1O2 
    Toronto home sales plunged in September from a year earlier 
and prices were down 15.5 percent from their April peak, but 
sales and prices inched up from August, suggesting housing in 
Canada's largest city may be stabilizing, data showed. 
 urn:newsml:reuters.com:*:nL2N1MF03C  
    Canadian auto sales rose 7.7 percent in September, driven by 
strong demand for trucks, which made up for nearly 70 percent of 
total sales in the country.  urn:newsml:reuters.com:*:nL4N1ME2Z0 
     
    ANALYST RESEARCH HIGHLIGHTS  RCH/CA  
    Crown Capital Partners Inc  CRWN.TO : Raymond James cuts 
price target to C$11.50 from C$12 
    Pengrowth Energy Corp  PGF.TO : Canaccord Genuity raises 
price target to C$0.90 from C$0.85 
     
    COMMODITIES AT 7:15 a.m. ET  COM/WRAP  
    Gold futures  GCcv1 : $1279.7; +0.64 percent  GOL/  
    US crude  CLc1 : $50.27; -0.3 percent  O/R  
    Brent crude  LCOc1 : $55.8; -0.36 percent  O/R  
    LME 3-month copper  CMCU3 : $6500.5; -0.3 percent  MET/L  
     
    U.S. ECONOMIC DATA DUE ON WEDNESDAY 
    0815 ADP national employment for Sep: Expected 125,000; 
Prior 237,000 
    0945 Markit Composite Final PMI for Sep: Prior 54.6 
    0945 Markit Services PMI Final for Sep: Expected 55.1 
    1000 ISM N-Manufacturing PMI for Sep: Expected 55.5; Prior 
55.3 
    1000 ISM N-Manufacturing Business Activity for Sep: Expected 
57.2; Prior 57.5 
    1000 ISM N-Manufacturing Employment Index: Prior 56.2 
    1000 ISM N-Manufacturing New Orders Index for Sep: Prior 
57.1 
    1000 ISM N-Manufacturing Price Paid Index for Sep: Prior 
57.9 
 
    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$1.25) 
 
 (Reporting by Pathikrit Bandyopadhyay in Bengaluru; Editing by 
Savio D'Souza) 
 ((Reuters Messaging: 
pathikrit.bandyopadhyay@.thomsonreuters.com@reuters.net; phone 
+1 651 848 5900 or +91 80 6749 1060)) 
 
Keywords: CANADA STOCKS/