CANADA STOCKS-TSX set to open lower, tracking global markets

Nov 24 (Reuters) - Canada's main stock index looked set to
extend the previous session's losses on Tuesday, with December
futures on the S&P TSX index SXFc1 down 0.31 percent at 7:10
a.m. ET.
Global security concerns remained at the forefront after the
U.S. State Department issued a global travel alert for
Americans on Monday.
On Tuesday, Turkey said it shot down a Russian warplane that
had violated its airspace near the Syrian border.
Canada's main stock index was pulled lower by financial,
industrial and healthcare stocks on Monday, cancelling out
energy gains after the country's main oil-producing province
unveiled a plan to tax carbon emissions and Saudi Arabia vowed
to support oil prices.
Dow Jones Industrial Average e-mini futures 1YMc1 were
down 0.46 percent at 7:10 a.m. ET, while S&P 500 e-mini futures
Esc1 were down 0.39 percent and Nasdaq 100 e-mini futures
NQc1 were down 0.46 percent. .N
(Morning News Call newsletter http://link.reuters.com/nex49s;
The Day Ahead newsletter http://link.reuters.com/mex49s)
TOP STORIES TOP/CAN
Canadian plane and train maker Bombardier Inc BBDb.TO said
lower production of its business jets - Global 5000 and Global
6000 - will drive down revenue in 2016. The company is scheduled
to hold an investor day on Tuesday.
Activist investor Bill Ackman's hedge fund has significantly
increased its investment in Valeant Pharmaceuticals (N:VRX)
International VRX.TO , and signaled it may play a greater role
in the beleaguered drugmaker's strategy, according to a
regulatory filing.
Canada will tell a green summit next week that it is finally
ready to tackle climate change, Prime Minister Justin Trudeau
said on Monday after a meeting with the country's provinces to
work out a national strategy.
COMMODITIES AT 7:10 a.m. ET COM/WRAP
Gold futures GCc2 : $1,073.2; +0.6 pct GOL/
US crude CLc1 : $42.34; +1.44 pct O/R
Brent crude LCOc1 : $45.47; +1.43 pct O/R
LME 3-month copper CMCU3 : $4,501; +0.26 pct MET/L
ANALYST RESEARCH HIGHLIGHTS RCH/CA
TD Bank TD.TO : Canaccord Genuity raises target price to
C$56 from C$54
Bank of Nova Scotia BNS.TO : Canaccord Genuity raises
target price to C$71 from C$67
Manitoba Telecom Services Inc MBT.TO : Canaccord Genuity
raises target price to C$29 from C$27
U.S. ECONOMIC DATA DUE ON TUESDAY
0830 Advance goods trade balance for Oct: Prior -58.63 bln
0830 Corporate profits preliminary for Q3: Prior +2.6 pct
0830 GDP 2nd estimate for Q3: Expected +2.1 pct; Prior +1.5
pct
0830 GDP sales preliminary for Q3: Expected +3.0 pct; Prior
+3.0 pct
0830 GDP cons spending preliminary for Q3: Prior +3.2 pct
0830 GDP deflator preliminary for Q3: Expected +1.2 pct;
Prior +1.2 pct
0830 Core PCE prices preliminary for Q3: Expected +1.3 pct;
Prior +1.3 pct
0830 PCE prices preliminary for Q3: Expected +1.2 pct; Prior
+1.2 pct
0855 Redbook mm: Prior +0.8 pct
0855 Redbook yy: Prior +1.2 pct
0900 CaseShiller 20 mm SA for Sep: Expected +0.3 pct; Prior
+0.1 pct
0900 CaseShiller 20 mm NSA for Sep: Expected +0.4 pct; Prior
+0.4 pct
0900 CaseShiller 20 yy for Sep: Expected +5.1 pct; Prior
+5.1 pct
1000 Consumer Confidence for Nov: Expected +99.5; Prior
+97.6
1000 Rich Fed Comp. Index for Nov: Prior -1
1000 Rich Fed, Services Index for Nov: Prior +18
1000 Rich Fed Manufacturing Shipments for Nov: Prior -4
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$1.34)