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CANADA STOCKS-TSX futures gain on firmer oil prices, U.S. stimulus hopes

Credit: REUTERS/CHRIS HELGREN

Canada's main stock index futures rose on Tuesday as oil prices steadied, while optimism around a U.S. stimulus deal before the presidential election also lifted sentiment.

Oct 20 (Reuters) - Canada's main stock index futures rose on Tuesday as oil prices steadied, while optimism around a U.S. stimulus deal before the presidential election also lifted sentiment.

Brent crude LCOc1 futures rose 0.21%, while U.S. West Texas Intermediate (WTI) crude CLc1 futures gained 0.32%. O/R

December futures on the S&P/TSX index SXFc1 were up 0.74% at 7:00 a.m. ET.

The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE ended 1% lower at 16,274.07 on Monday.

Dow Jones Industrial Average e-mini futures 1YMc1 were up 0.64% at 7:00 a.m. ET, while S&P 500 e-mini futures ESc1 were up 0.75% and Nasdaq 100 e-mini futures NQc1 were up 0.78%.

ANALYST RESEARCH HIGHLIGHTS RCH/CA

Boyd Group Services Inc BYD.TO: National Bank of Canada cuts to "sector perform"

KP Tissue Inc KPT.TO: RBC cuts to "sector perform" from "outperform"

Air Canada AC.TO: RBC raises target price to C$23 from C$22

COMMODITIES AT 7:00 a.m. ET

Gold futures GCc2: $1907; -0.04% GOL/

U.S. crude CLc1: $40.96; +0.32% O/R

Brent crude LCOc1: $42.71; +0.21% O/R

U.S. ECONOMIC DATA DUE ON TUESDAY

0830 Building permits: number for Sep: Expected 1.520 mln; Prior 1.476 mln

0830 Build permits: change mm for Sep: Prior -0.5%

0830 Housing starts number for Sep: Expected 1.457 mln; Prior 1.416 mln

0830 House starts mm: change for Sep: Prior -5.1%

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$1.32)

(Reporting by Amal S in Bengaluru; Editing by Ramakrishnan M.)

((Amal.S@thomsonreuters.com; within U.S.+1 646 223 8780; outside U.S. +91 80 6749 3677;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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