March 21 (Reuters) - Canadian stock futures were slightly
lower on Monday, as oil prices fell under pressure from signs
that some U.S. producers increased drilling and from uncertainty
over a meeting of the world's major exporters next month to
discuss freezing output.
June futures on the S&P TSX index SXFc1 were down 0.05
percent at 7:15 a.m. ET.
Canada's main stock index fell on Friday, erasing the week's
gains with a pullback in energy and banking stocks as well as
slips in telecom and consumer staples names offsetting modest
gains for industrial and materials stocks.
Dow Jones Industrial Average e-mini futures 1YMc1 were up
0.09 percent at 7:15 a.m. ET, while S&P 500 e-mini futures
Esc1 were up 0.09 percent and Nasdaq 100 e-mini futures NQc1
were up 0.11 percent. .N
(Morning News Call newsletter http://link.reuters.com/nex49s;
The Day Ahead newsletter http://link.reuters.com/mex49s)
TOP STORIES TOP/CAN
Canada's Pacific Exploration & Production Corp PRE.TO said
it chose not to make an interest payment due March 28, as the
company works with debtholders to restructure debt. AT 7:15 a.m. ET COM/WRAP
Gold futures GCc1 : $1,245.00; -0.70 pct GOL/
US crude CLc1 : $39.14; -0.76 pct O/R
Brent crude LCOc1 : $41.13; -0.17 pct O/R
LME 3-month copper CMCU3 : $5,069.50; +0.55 pct MET/L
ANALYST RESEARCH HIGHLIGHTS RCH/CA
Valeant Pharmaceuticals (NYSE:VRX) VRX.TO : Mizuho Securities cuts
target price to $18 from $70
U.S. ECONOMIC DATA DUE ON MONDAY
0830 National Activity Index for Feb: Prior 0.28
1000 Existing home sales for Feb: Expected 5.34 mln; Prior
5.47 mln
1000 Existing home sales percentage change for Feb: Expected
-2.2 pct; Prior 0.4 pct
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$1.30)