June 28 (Reuters) - Canada's main stock index futures were little changed on Wednesday as oil prices edged lower after an industry report showed an increase in U.S. crude inventory.
The American Petroleum Institute (API) said on Tuesday that U.S. crude inventories rose by 851,000 barrels last week, while analysts expected a decline. Inventories of gasoline and distillates also increased, the API said. futures on the S&P TSX index SXFc1 were up 0.1 percent at 7:30 a.m. ET.
Canada's benchmark stock index fell on Tuesday as technology and gold mining shares retreated, offsetting gains in the energy sector as oil prices climbed. major Canadian economic releases are scheduled ECONCA .
Dow Jones Industrial Average e-mini futures 1YMc1 were up 0.08 percent at 7:30 a.m. ET, while S&P 500 e-mini futures ESc1 were up 0.11 percent and Nasdaq 100 e-mini futures NQc1 were down 0.27 percent.
TOP STORIES TOP/CAN
Europe's NATO members and Canada will jointly raise defense spending by 4.3 percent in 2017, NATO Secretary-General Jens Stoltenberg said, partly aimed at showing the United States they are committed to shouldering more costs. RESEARCH HIGHLIGHTS RCH/CA
Aritzia Inc ATZ.TO : RBC cuts target price to C$21 from C$23
Sandvine Corp SVC.TO : TD Securities cuts target price to C$4.15 from C$4.50
Gildan Activewear Inc GIL.TO : CIBC cuts rating to "neutral" from "outperformer"
COMMODITIES AT 7:30 a.m. ET COM/WRAP
Gold futures GCc1 : $1251.8; +0.52 percent GOL/
US crude CLc1 : $44.11; -0.29 percent O/R
Brent crude LCOc1 : $46.6; -0.11 percent O/R
LME 3-month copper CMCU3 : $5839; -0.32 percent MET/L
U.S. ECONOMIC DATA DUE ON WEDNESDAY
0830 Advance goods trade balance for May: Prior -$67.14 bln
0830 Advance Wholesale Inventory for May: Prior -0.5
0830 Advance Retail Inventory Ex Auto for May: Prior -0.2
1000 Pending Homes Index for May: Prior 109.8
1000 Pending sales change mm for May: Expected 0.8 pct; Prior -1.3 pct
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