March 29 (Reuters) - Canadian stock futures inched lower on
Tuesday, after data showed the biggest monthly decline for
producer prices in over a year, driven by a drop in prices for
energy and petroleum products.
Canadian producer prices fell 1.1 percent in February, far
exceeding economists' expectations for a decline of 0.2 percent,
data from Statistics Canada showed.
June futures on the S&P TSX index SXFc1 were down 0.64
percent at 8:55 a.m. ET.
Canada's main stock rose on Monday following a long weekend,
as strengthening financial and consumer shares offset losses in
healthcare and commodity-related stocks.
Dow Jones Industrial Average e-mini futures 1YMc1 were
down 0.39 percent at 8:55 a.m. ET, while S&P 500 e-mini futures
ESc1 were down 0.30 percent and Nasdaq 100 e-mini futures
NQc1 were down 0.23 percent. .N
(Morning News Call newsletter http://link.reuters.com/nex49s;
The Day Ahead newsletter http://link.reuters.com/mex49s)
COMMODITIES AT 8:55 a.m. ET COM/WRAP
Gold futures GCc1 : $1,217.80; -0.18 pct GOL/
US crude CLc1 : $38.47; -2.34 pct O/R
Brent crude LCOc1 : $39.32; -2.36 pct O/R
LME 3-month copper CMCU3 : $4,925.50; -0.39 pct MET/L
ANALYST RESEARCH HIGHLIGHTS RCH/CA
Sears Canada SCC.TO : Desjardins cuts target price to
C$4.75 from C$8.50
Barrick Gold Corp ABX.TO : Canaccord Genuity raises target
price to C$21.50 from C$21
U.S. ECONOMIC DATA DUE ON TUESDAY
0855 Johnson Redbook Index mm: Prior 2.9 pct
0855 Johnson Redbook Index yy: Prior 0.8 pct
0900 CaseShiller 20 mm SA for Jan: Expected 0.7 pct; Prior
0.8 pct
0900 CaseShiller 20 mm NSA for Jan: Expected 0.1 pct; Prior
0.0 pct
0900 CaseShiller 20 yy for Jan: Expected 5.8 pct; Prior 5.7
pct
1000 Consumer Confidence for Mar: Expected 94.0; Prior 92.2
1030 Texas Service Sector Outlook for Mar: Prior -19.2
1030 Dallas Fed Services Revenue for Mar: Prior 9.7
FOR CANADIAN MARKETS NEWS, CLICK ON CODES:
TSX market report .TO
Canadian dollar and bonds report CAD/ CA/
Reuters global stocks poll for Canada EQUITYPOLL1
EPOLL/CA
Canadian markets directory CANADA
($1= C$1.32)