US Markets

CANADA STOCKS-TSX futures lower as gold prices drop

Credit: REUTERS/CHRIS HELGREN

Futures for Canada's main stock index edged lower on Tuesday, weighed down by a drop in gold prices.

Sept 10 (Reuters) - Futures for Canada's main stock index edged lower on Tuesday, weighed down by a drop in gold prices.

September futures on the S&P/TSX index SXFc1 were down 0.24% at 7:00 a.m. ET.

Canada's annualized housing starts data for August is due at 8:15 a.m. ET and building permits data for July is expected at 8:30 a.m. ET.

The Toronto Stock Exchange S&P/TSX composite index .GSPTSE fell 0.24% to 16,495.09 on Monday.

Dow Jones Industrial Average e-mini futures 1YMc1 were down 0.08% at 7:00 a.m. ET, while S&P 500 e-mini futures ESc1 dropped 0.05% and Nasdaq 100 e-mini futures NQc1 fell 0.05%. .N

TOP STORIES TOP/CAN

Shopify Inc SHOP.TO said on Monday it would buy warehouse technology provider 6 River Systems Inc for about $450 million, as it looks to accelerate growth of its fulfillment network.

Suncor Energy Inc SU.TO, Canada's second-largest oil sands producer, will invest C$1.4 billion to install two cogeneration units at its Oil Sands Base Plant, reducing greenhouse gas emissions by 25%, the company said on Monday.

Northland Power Inc NPI.TO said on Monday it would buy most of Colombian utility Empresa de Energia de Boyaca in a deal valued at C$1.05 billion, including debt.

ANALYST RESEARCH HIGHLIGHTS RCH/CA

Enghouse Systems Ltd ENGH.TO: CIBC raises target price to C$43 from C$41.50

Torex Gold Resources Inc TXG.TO: Scotiabank raises target price to C$23 from C$19

Toronto-Dominion Bank TD.TO: Citigroup cuts target price to C$82 from C$90

COMMODITIES AT 7:00 a.m. ET COM/WRAP

Gold futures GCc2: $1495.6; -0.59% GOL/

US crude CLc1: $58.26; +0.71% O/R

Brent crude LCOc1: $62.99; +0.64% O/R

U.S. ECONOMIC DATA DUE ON TUESDAY

1000 JOLTS job openings for July: Expected 7.311 mln; Prior 7.348 mln

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 Pathikrit Bandyopadhyay in Bengaluru; Editing by Bernard Orr)

((pathikrit.bandyopadhyay@thomsonreuters.com))

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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