Feb 8 (Reuters) - Canada's main stock index looked set to
start lower on Monday as crude oil prices slipped after a
meeting between Saudi Arabia and Venezuela provided little
indication of an agreement between oil producers to curb supply.
March futures on the S&P TSX index SXFc1 were down 0.75
percent at 7:15 a.m. ET.
Building permits data is due at 8:30 a.m. ET.
The Toronto Stock Exchange's S&P/TSX composite index dipped
on Friday as a selloff in U.S. technology stocks spilled over to
Canada's technology sector, but defensive names such as gold
stocks helped cushion losses.
Dow Jones Industrial Average e-mini futures 1YMc1 were
down 1.19 percent at 7:15 a.m. ET, while S&P 500 e-mini futures
Esc1 were down 1.24 percent and Nasdaq 100 e-mini futures
NQc1 were down 2 percent.
TOP STORIES
Daily spot trading volumes on currency trading platforms run
by Thomson Reuters TRI.TO rebounded sharply in January from
the previous month, according to figures published by the
company late on Friday.
AT 7:15 a.m. ET Gold futures GCc1 : $1,174.70; +1.46 pct
US crude CLc1 : $30.02; -2.82 pct
Brent crude LCOc1 : $33.28; -2.29 pct
LME 3-month copper CMCU3 : $4,587.00; -0.98 pct
ANALYST RESEARCH HIGHLIGHTS
Lake Shore Gold Corp LSG.TO : TD Securities raises target
price to C$2 from C$1.85; rating "buy"
Stella-Jones Inc SJ.TO : Desjardins raises rating to "buy";
raises price target to C$51 from C$48
Suncor Energy Inc SU.TO : RBC cuts target price to C$39
from C$40; rating "outperform"
U.S. ECONOMIC DATA DUE ON MONDAY
1000 Employment Trends for Jan: Prior 129.3
($1= C$1.39)