Oct 2 (Reuters) - Futures for Canada's main stock index fell on Friday, dragged down by weakness in oil prices after U.S. President Donald Trump tested positive for COVID-19 and negotiators failed to agree a U.S. fiscal stimulus package.
Brent crude LCOc1 futures fell 4.01%, while U.S. West Texas Intermediate (WTI) crude CLc1 futures shed 4.16%, as rising global oil output threatens to overwhelm a weak price recovery.
December futures on the S&P/TSX index SXFc1 were down 0.77% at 7:00 a.m. ET.
The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE ended 0.39% higher at 16,184.54 on Thursday.
Dow Jones Industrial Average e-mini futures 1YMc1 were down 1.24% at 7:00 a.m. ET, while S&P 500 e-mini futures ESc1 were down 1.28% and Nasdaq 100 e-mini futures NQc1 were down 1.84%.
ANALYST RESEARCH HIGHLIGHTS RCH/CA
Cineplex Inc CGX.TO : Canaccord Genuity cuts rating to "sell" from "hold"
Suncor Energy Inc SU.TO : BMO cuts price target to C$28 from C$30
COMMODITIES AT 7:00 a.m. ET
Gold futures GCc2 : $1909.2; -0.16% GOL/
US crude CLc1 : $37.11; -4.16% O/R
Brent crude LCOc1 : $39.29; -4.01% O/R
U.S. ECONOMIC DATA DUE ON FRIDAY
0830 Non-farm payrolls for Sep: Expected 850,000; Prior 1,371,000
0830 Private payrolls for Sep: Expected 850,000; Prior 1,027,000
0830 Manufacturing payrolls for Sep: Expected 35,000; Prior 29,000
0830 Government payrolls for Sep: Prior 344,000
0830 Unemployment rate for Sep: Expected 8.2%; Prior 8.4%
0830 Average earnings mm for Sep: Expected 0.2%; Prior 0.4%
0830 Average earnings yy for Sep: Expected 4.8%; Prior 4.7%
0830 Average workweek hours for Sep: Expected 34.6 hrs; Prior 34.6 hrs
0830 Labor force partic for Sep: Prior 61.7%
0830 U6 underemployment for Sep: Prior 14.2%
0945 ISM-New York Index for Sep: Prior 804.2
0945 ISM New York Business Conditions for Sep: Prior 42.9
1000 Durables ex-defense, R mm for Aug: Prior 0.7%
1000 Durable goods, R mm for Aug: Prior 0.4%
1000 Factory orders mm for Aug: Expected 1.0%; Prior 6.4%
1000 Durables ex-transport R mm for Aug: Prior 0.4%
1000 Nondefense cap ex-air R mm for Aug: Prior 1.8%
1000 Factory ex-transport mm for Aug: Prior 2.1%
1000 U Mich Sentiment Final for Sep: Expected 79.0; Prior 78.9
1000 U Mich Conditions Final for Sep: Prior 87.5
1000 U Mich Expectations Final for Sep: Prior 73.3
1000 U Mich 1 year inflation final for Sep: Prior 2.7%
1000 U Mich 5-year inflation final for Sep: Prior 2.6%
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