June 22 (Reuters) - Stock futures pointed to a higher opening for Canada's main stock index on Thursday as oil prices recovered from multi-month lows after data showed U.S. crude and gasoline stockpiles fell.
September futures on the S&P TSX index SXFc1 were up 0.2 percent at 7:15 a.m. ET.
Retail sales data for April is due at 8:30 a.m. ET ECONCA .
Canada's benchmark stock index edged lower on Wednesday as a slump in oil prices pressured energy and financial shares, offsetting a rally in gold stocks as the U.S. dollar fell. Jones Industrial Average e-mini futures 1YMc1 were down 0.05 percent at 7:15 a.m. ET. S&P 500 e-mini futures ESc1 were down 0.07 percent and Nasdaq 100 e-mini futures NQc1 were down 0.06 percent. .N
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TOP STORIES TOP/CAN
Home Capital Group Inc HCG.TO said billionaire Warren Buffett's Berkshire Hathaway (NYSE:BRKa) Inc BRKa.N will provide a new C$2 billion line of credit to its unit Home Trust Co, ending the Canadian lender's strategic review process. RESEARCH HIGHLIGHTS RCH/CA
First Quantum Minerals Ltd FM.TO : Deutsche Bank (DE:DBKGn) cuts target price to C$18 from C$22
Loblaw Companies Ltd L.TO : Desjardins cuts target price to C$81 from C$85
Empire Company Ltd EMPa.TO : Eight Capital raises price target to C$20 from C$19
COMMODITIES AT 7:15 a.m. ET COM/WRAP
Gold futures GCc2 : $1,251.2; +0.43 pct GOL/
US crude CLc1 : $42.73; +0.47 pct O/R
Brent crude LCOc1 : $45.33; +0.62 pct O/R
LME 3-month copper CMCU3 : $5,759.00; +0.28 pct MET/L
U.S. ECONOMIC DATA DUE ON THURSDAY
0830 Initial jobless claims: Expected 240,000; Prior 237,000
0830 Jobless claims 4-week average: Prior 243,000
0830 Continued jobless claims: Expected 1.928 mln; Prior 1.935 mln
0900 Monthly home price mm for April: Prior 0.6 pct
0900 Monthly home price yy for April: Prior 6.2 pct
0900 Monthly Home Price Index for April: Prior 246.2
1000 Leading index change mm for May: Expected 0.3 pct; Prior 0.3 pct
1100 KC Fed Manufacturing for June: Prior -1
1100 KC Fed Composite Index for June: Prior 8
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