Credit: REUTERS/CHRIS HELGRENApril 23 (Reuters) - Futures for Canada's main stock index gained on Friday as gold prices were set for their third weekly gain on lower Treasury yields, while the index recorded a weekly loss as oil prices weakened on demand worries.
June-quarter futures on the S&P/TSX index SXFc1 were up 0.2% at 7:00 a.m. ET as gold prices GCc2 gained 0.3% while benchamrk Treasury yields US10YT=RR eased for the third consecutive week.
The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE ended 0.6% lower at 19,031.64 on Thursday. .TO
At 7:00 a.m. ET, Dow Jones Industrial Average e-mini futures 1YMc1 were up 0.2%, S&P 500 e-mini futures ESc1 gained 0.3% and Nasdaq 100 e-mini futures NQc1 added 0.2%. .N
TOP STORIES TOP/CAN
Sun Life Financial SLF.TO agreed to buy U.S. based medical intelligence and health-care navigation provider Pinnacle Care International for $85 million (approximately C$108 million)
ANALYST RESEARCH HIGHLIGHTS RCH/CA
CGI Inc GIBa.TO: Scotiabank raises target price to C$112 from C$106
Emera Inc EMA.TO: Credit Suisse raises target price to C$59 from C$58
Mullen Group Ltd MTL.TO: CIBC raises target price to C$14.75 from C$14.25
COMMODITIES AT 7:00 a.m. ET
Gold futures GCc2: $1,786.9; +0.3% GOL/
US crude CLc1: $61.75; +0.54% O/R
Brent crude LCOc1: $65.60; +0.3% O/R
U.S. ECONOMIC DATA DUE ON FRIDAY
IHS Markit's business activity flash reading at 9:45 a.m ET
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$1.25)
(Reporting by Shashank Nayar in Bengaluru; Editing by Krishna Chandra Eluri)
((Shashank.Nayar@thomsonreuters.com; within U.S. +1 646 223 8780; outside U.S. +91 80 6182 2256;))
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
