CANADA STOCKS-Futures lifted by strong corporate earnings
October 24 (Reuters) - Canada's main stock index futures rose on Thursday on strong corporate earnings.
December futures on the S&P/TSX index SXFc1 were up 0.16% at 7:00 a.m. ET.
The Toronto Stock Exchange's S&P/TSX composite index fell 0.34% to 16,335.93 on Wednesday.
Dow Jones Industrial Average e-mini futures 1YMc1 were up 0.08% at 7:00 a.m. ET, while S&P 500 e-mini futures ESc1 were up 0.11% and Nasdaq 100 e-mini futures NQc1 were up 0.4%. .N
TOP STORIES TOP/CAN
Canadian miner Teck Resources Ltd TCKb.TO beat expectations for quarterly adjusted profit, as strength in its energy and zinc units offset weak base metal prices amid a prolonged U.S.-China trade war.
Canadian Pacific Railway Ltd CP.TO beat analysts' estimates for quarterly profit on Wednesday, driven by lower fuel expenses and higher shipments of coal, crude and fertilizers.
Oilfield services company Precision Drilling's PD.TO loss narrowed for the third-quarter, helped by higher drilling activity across North America, the Canadian company reported.
Agnico Eagle Mines Ltd AEM.TO reported a better-than-expected quarterly profit on Wednesday, helped by higher realized gold prices and gold sales volumes at its Meliadine mine in northern Canada.
Husky Energy Inc HSE.TO reported a 50% drop in quarterly profit, as the company's refining margins came under pressure from higher Canadian crude prices fueled by Alberta's mandatory production curbs.
ANALYST RESEARCH HIGHLIGHTS RCH/CA
Canadian Pacific Railway Ltd CP.TO: CIBC cuts target price to C$325 from C$327
Genworth MI Canada Inc MIC.TO: CIBC raises target price to C$57 from C$48
Rogers Communications Inc RCIb.TO: RBC raises rating to "outperform" from "sector perform"
COMMODITIES AT 7:00 a.m. ET COM/WRAP
Gold futures GCc2: $1488.6; -0.21 percent GOL/
US crude CLc1: $55.68; -0.52 percent O/R
Brent crude LCOc1: $61.01; -0.26 percent O/R
U.S. ECONOMIC DATA DUE ON THURSDAY
0800 Build permits number for Sep: Prior 1.387 mln
0800 Build permits R change mm for Sep: Prior -2.7%
0830 Durable goods for Sep: Expected -0.8 %; Prior 0.2%
0830 Durables ex-transport for Sep: Expected -0.2%; Prior 0.5%
0830 Durables ex-defense mm for Sep: Prior -0.6%
0830 Nondefense cap ex-air for Sep: Expected -0.2%; Prior -0.4%
0830 Initial jobless claims: Expected 215,000; Prior 214,000
0830 Jobless claims 4-week average: Prior 214,750
0830 Continued jobless claims: Expected 1.675 mln; Prior 1.679 mln
0945 Markit Composite Flash PMI for Oct: Prior 51.0
0945 Markit Manufacturing PMI Flash for Oct: Expected 50.7; Prior 51.1
0945 Markit Services PMI Flash for Oct: Expected 51.0; Prior 50.9
1000 New home sales-units for Sep: Expected 0.701 mln; Prior 0.713 mln
1000 New home sales change mm for Sep: Expected -0.7%; Prior 7.1%
1100 KC Fed Manufacturing for Oct: Prior 11
1100 KC Fed Composite Index for Oct: Prior -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$1.31)
(Reporting by Nachiket Tekawade in Bengaluru; Editing by Vinay Dwivedi)
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.