Oct 22 (Reuters) - Canada's main stock index futures rose on Thursday, as oil prices steadied despite a build in U.S. gasoline stockpiles that could threaten fuel demand recovery amid a resurgence in coronavirus cases.
Brent crude LCOc1 futures rose 0.84%, while U.S. West Texas Intermediate (WTI) crude CLc1 futures gained 0.77%.
December futures on the S&P/TSX index SXFc1 were up 0.21% at 7:00 a.m. ET.
The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE ended 0.26% lower at 16,230.23 on Wednesday.
Dow Jones Industrial Average e-mini futures 1YMc1 were down 0.16% at 7:00 a.m. ET, S&P 500 e-mini futures ESc1 slipped 0.18% while Nasdaq 100 e-mini futures NQc1 dipped 0.14%.
TOP STORIES TOP/CAN
Canadian insurer Sun Life Financial Inc SLF.TO will buy a majority stake in alternative credit investment manager Crescent Capital Group LP for up to $338 million, the companies said on Wednesday. RESEARCH HIGHLIGHTS RCH/CA
Agnico Eagle Mines Ltd AEM.TO : National Bank of Canada cuts price target to C$128 from C$130
Newmont NGT.TO : National Bank of Canada cuts target price to C$121 from C$125
Toromont Industries Ltd TIH.TO : Scotiabank raises target price to C$85 from C$73
COMMODITIES AT 7:00 a.m. ET
Gold futures GCc2 : $1916.8; -0.46% GOL/
US crude CLc1 : $40.34; +0.77% O/R
Brent crude LCOc1 : $42.08; +0.84% O/R
U.S. ECONOMIC DATA DUE ON THURSDAY
0830 Initial jobless claim : Expected 860000; Prior 898000
0830 Jobless claim 4week average : Prior 866250
0830 Continue jobless claim : Expected 9.500 mln; Prior 10.018 mln
1000 Existing home sales for Sep: Expected 6.30 mln; Prior 6.00 mln
1000 Existing home sales percentage change for Sep: Expected 5.0%; Prior 2.4%
1000 Leading index change mm for Sep: Expected 0.7%; Prior 1.2%
1100 KC Fed Manufacturing for Oct: Prior 18
1100 KC Fed Composite Index for Oct: Prior 11
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