(Corrects numbers under the "commodities" section)
May 17 (Reuters) - Stock futures pointed to a lower opening for Canada's main stock index on Wednesday, mirroring trends in global stocks as investors showed concerns about political turmoil in the United States.
Concern that U.S. President Donald Trump's reform agenda could be slowed down, and that Trump himself could even face the threat of impeachment, added to disappointing U.S. economic data to hit the dollar and spur a pullback from richly valued stocks. MKTS/GLOB
June futures on the S&P TSX index SXFc1 were down 0.16 percent at 7:15 a.m. ET.
Investors will also watch for manufacturing sales data, which is likely to have jumped 1 percent in March, rebounding from a 0.2 percent fall in February. The data is due at 8:30 a.m. ET. ECONCA
Canada's main stock index fell on Tuesday as bank and energy shares, pinched by housing market jitters and lower oil prices, weighed on the market. Jones Industrial Average e-mini futures 1YMc1 were down 0.35 percent at 7:15 a.m. ET, while S&P 500 e-mini futures ESc1 were down 0.35 percent and Nasdaq 100 e-mini futures NQc1 were down 0.28 percent. .N
(Morning News Call newsletter http://share.thomsonreuters.com/assets/newsletters/Morning_News_Call/MNC_US.pdf ; The Day Ahead newsletter http://share.thomsonreuters.com/assets/newsletters/The_Day_Ahead/TDA_NAM.pdf)
TOP STORIES TOP/CAN
Canada's biggest non-bank lender, Home Capital Group Inc HCG.TO , on Tuesday published data showing that its deposit balances were continuing to decline. Ltd BB.TO is working with at least two automakers to develop a security service that would remotely scan vehicles for computer viruses and tell drivers to pull over if they were in critical danger, according to a financial analyst. RESEARCH HIGHLIGHTS RCH/CA
BCE Inc BCE.TO : Morgan Stanley (NYSE:MS) raises target price to C$62 from C$61
Telus Corp T.TO : Morgan Stanley raises target price to C$46 from C$44
COMMODITIES AT 7:55 a.m. ET COM/WRAP
Gold futures GCc2 : $1,247.7; +0.91 pct GOL/
US crude CLc1 : $48.90; +0.47 pct O/R
Brent crude LCOc1 : $52.00; +0.66 pct O/R
LME 3-month copper CMCU3 : $5,607.00; -0.05 pct MET/L
U.S. ECONOMIC DATA DUE ON WEDNESDAY
No U.S. economic indicators are scheduled for release.
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Reuters global stocks poll for Canada EQUITYPOLL1 EPOLL/CA
Canadian markets directory CANADA ($1= C$1.36)