Canada Stocks: TSX futures rise as U.S.-Iran tensions cool

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09/01/2020 12:26

Jan 9 (Reuters) - Canada's main stock index futures edged
higher on Thursday after the United States and Iran retreated
from further conflict in the Middle East. 
    March futures on the S&P/TSX index  SXFc1  were up 0.25% at
7:00 a.m. ET.
    Housing starts for December is due at 8:15 a.m. ET 
    The Toronto Stock Exchange's TSX  .GSPTSE  closed flat at
17,167.82 on Wednesday.  urn:newsml:reuters.com:*:nL8N29D6OU
    Dow Jones Industrial Average e-mini futures  1YMc1  were up
0.35% at 7:00 a.m. ET, while S&P 500 e-mini futures  ESc1  were
up 0.33% and Nasdaq 100 e-mini futures  NQc1  were up 0.46%. .N 
   
    
    TOP STORIES  TOP/CAN 
    Canada's Cenovus Energy  CVE.TO  unveiled plans to reduce
per-barrel greenhouse gas emissions by 30% by the end of 2030,
as the country's oil industry faces growing pressure from
environmental activists.  urn:newsml:reuters.com:*:nL4N29E2NM
    
    
    ANALYST RESEARCH HIGHLIGHTS  RCH/CA 
    Encana Corp  ECA.TO : Barclays cuts rating to "underweight"
from "equal weight"
    Hydro One Ltd  H.TO : Wells Fargo upgrades to "overweight"
from "equal weight"
    OrganiGram Holdings Inc  OGI.TO : Raymond James cuts rating
to "market perform" from "outperform"
    
    COMMODITIES AT 7:10 a.m. ET  COM/WRAP 
    Gold futures  GCc2 : $1548.8; fell 0.73%  GOL/ 
    US crude  CLc1 : $59.7; rose 0.15%  O/R 
    Brent crude  LCOc1 : $65.41; fell 0.05%  O/R 

    
    U.S. ECONOMIC DATA DUE ON THRUSDAY
    0830 Initial jobless claims : Expected 220,000; Prior
222,000
    0830 Jobless claims 4-week average : Prior 233,250
    0830 Continued jobless claims : Prior 1.728 mln
    
    
    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 = 1.30 Canadian dollars)
    
    

 (Reporting by Pooja Kesavan in Bengaluru; Editing by Amy Caren
Daniel)
 ((pooja.theikkattu@thomsonreuters.com))