Canada Stocks: TSX futures rise on hopes of U.S.-China trade deal

HLS Therapeutics

19/11/2019 12:46

Nov 19 (Reuters) - Canada's main stock index futures were
higher on Tuesday, lifted by hopes that U.S. and China may end
their trade war.
    The Donald Trump administration on Monday issued a new
90-day extension allowing U.S. companies to continue doing
business with China's Huawei Technologies Co Ltd. urn:newsml:reuters.com:*:nL2N27Y0J5
     December futures on the S&P/TSX index  SXFc1  were up 0.33%
at 7:00 a.m. ET or 1200 GMT.
    Manufacturing sales data for September is due at 8:30 a.m.
ET. 
    The Toronto Stock Exchange's S&P/TSX composite index fell
0.02% to 17,025.11 on Monday.  urn:newsml:reuters.com:*:nL8N27Y67L
    Dow Jones Industrial Average e-mini futures  1YMc1  were up
0.14% at 7:00 a.m. ET, while S&P 500 e-mini futures  ESc1  were
up 0.23% and Nasdaq 100 e-mini futures  NQc1  were up 0.41%.
 .N 
    
     
    TOP STORIES  TOP/CAN 
    TC Energy  TRP.TO  said it expects comparable earnings
before interest, taxes, depreciation and amortization to exceed
C$10 billion in 2022, driven by long-term contracts and assets.
 urn:newsml:reuters.com:*:nL3N27Z2ZQ
    About 3,000 workers of Canadian National Railway  CNR.TO ,
the country's largest railroad operator, went on strike, labor
union Teamsters Canada said after both parties failed to resolve
contract issues.  urn:newsml:reuters.com:*:nFWN27Z06I
    Five months before an ambush killed 39 colleagues, local
workers at a Canadian-owned gold mine, Semafo Inc  SMF.TO , in
Burkina Faso pleaded with managers to fly them to the site
rather than go by a road that was prone to attacks, two people
present at the meeting said.  urn:newsml:reuters.com:*:nL8N27R535
    
    ANALYST RESEARCH HIGHLIGHTS  RCH/CA 
    Altagas Ltd  ALA.TO : BMO resumes with outperform rating and
price target of $23
    Methanex Corp  MEOH.O : TD Securities cuts rating to hold
from buy
    HLS Therapeutics Inc  HLS.TO : Canaccord Genuity initiates
with buy, C$22.50 target price
    
    COMMODITIES AT 7:00 a.m. ET  COM/WRAP 
    Gold futures  GCc2 : $1468.7; fell 0.22 %  GOL/ 
    US crude  CLc1 : $56.42; fell 1.1 %  O/R 
    Brent crude  LCOc1 : $61.82; fell 0.99 %  O/R 
    
    U.S. ECONOMIC DATA DUE ON TUESDAY
    0830 Building permits: number for Oct: Expected 1.385 mln;
Prior 1.391 mln
    0830 Building permits: change mm for Oct: Prior -2.4%
    0830 Housing starts number for Oct: Expected 1.320 mln;
Prior 1.256 mln
    0830 Housing starts mm: change for Oct: Prior -9.4%
    
    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$1.32)

 (Reporting by Swathi Nair in Bengaluru; Editing by Rashmi Aich)
 ((s.nair@thomsonreuters.com))