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CANADA STOCKS-Futures fall as tech sell-off hits global stocks

Published 2018-11-20, 07:36 a/m
© Reuters.  CANADA STOCKS-Futures fall as tech sell-off hits global stocks
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Nov 20 (Reuters) - Futures for Canada's main stock index were lower on Tuesday, following a rout in global markets after iPhone demand concerns prompted a tech selloff across the world.

December futures on the S&P/TSX index SXFc1 were down 0.24 percent at 7:00 a.m. ET.

The Toronto Stock Exchange's S&P/TSX fell 84.49 points, or 0.56 percent, to 15,071.01, on Monday. Jones Industrial Average e-mini futures 1YMc1 were down 0.71 percent at 7:00 a.m. ET, while S&P 500 e-mini futures ESc1 were down 0.79 percent and Nasdaq 100 e-mini futures NQc1 were down 1.16 percent. .N

TOP STORIES TOP/CAN

Underwater surveys began on Monday after an oil spill off Canada's Atlantic coast as Husky Energy Inc HSE.TO and government agencies assessed a leak that temporarily shut down all crude production in the waters of Newfoundland and Labrador. RESEARCH HIGHLIGHTS RCH/CA

Canadian Natural Resources CNQ.TO : Morgan Stanley (NYSE:MS) cuts price target to C$50 from C$60

Husky Energy Inc HSE.TO : Canaccord Genuity cuts price target to C$19 from C$24

Trinidad Drilling Ltd TDG.TO : CIBC cuts price target to C$1.75 from C$2.10

COMMODITIES AT 7:00 a.m. ET COM/WRAP

Gold futures GCcv1 : $1225.3; was unchanged GOL/

US crude CLc1 : $57.13; fell 0.12 percent O/R

Brent crude LCOc1 : $66.45; fell 0.51 percent O/R

U.S. ECONOMIC DATA DUE ON TUESDAY

0830 Building permits: number for Oct: Expected 1.267 mln; Prior 1.270 mln

0830 Housing starts number for Oct: Expected 1.225 mln; Prior 1.201 mln

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)

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