Canada Stocks: TSX futures gain on U.S. plans to reopen economy, potential COVID-19 drug

Uni-Select

17/04/2020 12:27

April 17 (Reuters) - Canada's main stock index futures rose on Friday on U.S. President
Donald Trump's plan to gradually reopen the country's economy and as reports of a potential drug
to treat COVID-19 boosted investor sentiment, lifting stock markets across the world.
    June futures on the S&P/TSX index  SXFc1  were up 2.28% at 7:00 a.m. ET.
    The Toronto Stock Exchange's S&P/TSX composite index  .GSPTSE  ended 0.42% lower at
13,899.32 on Thursday.  urn:newsml:reuters.com:*:nL8N2C41DI
    Dow Jones Industrial Average e-mini futures  1YMc1  were up 3.34% at 7:00 a.m. ET, while S&P
500 e-mini futures  ESc1  were up 3.09% and Nasdaq 100 e-mini futures  NQc1  were up 2.33%.  .N 
 
    
    TOP STORIES  TOP/CAN 
    Newmont Corp  NGT.TO  is looking to restart some of its Canadian and South American gold
mines shut last month to curb the spread of the new coronavirus, Chief Executive Tom Parker said
on Friday.  urn:newsml:reuters.com:*:nL4N2C525I
    
     
    ANALYST RESEARCH HIGHLIGHTS  RCH/CA 
    Air Canada  AC.TO : National Bank of Canada cuts to "sector perform" from "outperform"
    Maple Leaf Foods Inc  MFI.TO : Berenberg raises target price to C$27 from C$25
    Uni-Select Inc  UNS.TO : National Bank of Canada raises to "sector perform" from
"underperform"
    
    COMMODITIES AT 7:00 a.m. ET 
    Gold futures  GCc2 : $1,696; -1.55%  GOL/ 
    US crude  CLc1 : $18.6; -6.39%  O/R 
    Brent crude  LCOc1 : $28.52; +2.52%  O/R 
 
    
    U.S. ECONOMIC DATA DUE ON FRIDAY
    1000 (approx.) Leading index change mm for Mar: Expected -7.0%; Prior 0.1%
 
    
    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$1.40)
    

 (Reporting by Samrhitha Arunasalam in Bengaluru;
Editing by Vinay Dwivedi)
 ((Samrhitha.A@thomsonreuters.com))