Canada Stocks: TSX futures fall as Middle East tensions rise

Park Lawn

03/01/2020 12:35

Jan 3 (Reuters) - Canada's main stock index futures dropped
on Friday amid tensions in the Middle East after the United
States killed Iranian Major-General Qassem Soleimani.
    Iran threatened to hit back hard after a U.S. air strike in
Baghdad killed Soleimani, commander of Iran's elite Quds Force
and architect of its growing military influence in the Middle
East.  urn:newsml:reuters.com:*:nL8N2973J9
    March futures on the S&P/TSX index  SXFc1  were down 0.84%
at 7:00 a.m. ET.
    The Toronto Stock Exchange's TSX  .GSPTSE  closed up 0.21%
at 17,099.95 on Thursday.  urn:newsml:reuters.com:*:nL8N29739R
    Dow Jones Industrial Average e-mini futures  1YMc1  were
down 1.21% at 7:05 a.m. ET, while S&P 500 e-mini futures  ESc1 
were down 1.36% and Nasdaq 100 e-mini futures  NQc1  were down
1.5%. .N 
    
    
    ANALYST RESEARCH HIGHLIGHTS  RCH/CA 
    Air Canada  AC.TO : Cowen and Company cuts rating to "market
perform" from "outperform"
    Park Lawn Corp  PLC.TO : CIBC raises price target to C$34
from C$30 
    Canopy Growth Corp  WEED.TO : Jefferies cuts price target to
C$21 from C$25
    
    
    COMMODITIES AT 7:05 a.m. ET  COM/WRAP 
    Gold futures  GCc2 : $1551.8; rose 1.55%  GOL/ 
    US crude  CLc1 : $63.62; rose 3.99%  O/R 
    Brent crude  LCOc1 : $68.97; rose 4.11%  O/R 
    
    
    U.S. ECONOMIC DATA DUE ON FRIDAY
    0945 ISM-New York Index for Dec: Prior 874.5
    0945 ISM New York Business Conditions for Dec: Prior 50.4
    1000 Construction spending mm for Nov: Expected 0.3%; Prior
-0.8%
    1000 ISM Manufacturing PMI for Dec: Expected 49.0; Prior
48.1
    1000 ISM Manufacturing Prices Paid for Dec: Expected 47.5;
Prior 46.7
    1000 ISM Manufacturing Employment Index for Dec: Prior 46.6
    1000 ISM Manufacturing New Orders Index for Dec: Prior 47.2
    
    
    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$1.30)

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