Nov 1, (Reuters) - Futures for Canada's main stock index were trading flat on Thursday ahead of a slew of corporate earnings, with energy shares coming under pressure from lower oil prices.
December futures on the S&P/TSX index SXFc1 were up 0.02 percent at 7:18 a.m. ET.
Manufacturing PMI data is due at 9:30 a.m. ET
The Toronto Stock Exchange's S&P/TSX .GSPTSE rose 132.78 points, or 0.89 percent, to 15,027.28, but still suffered its worst monthly performance since September 2011. prices fell as rising crude supply met the bearish combination of concern over global growth and weak equity markets. Jones Industrial Average e-mini futures 1YMc1 were up 0.51 percent at 7:00 a.m. ET, while S&P 500 e-mini futures ESc1 were up 0.43 percent and Nasdaq 100 e-mini futures NQc1 were up 0.42 percent. .N
TOP STORIES TOP/CAN
Canada's Encana Corp ECA.TO said it would buy Newfield Exploration Co NFX.N for $5.5 billion, for greater access to North America's biggest oil patches and making it one of the largest shale oil producers in the region. Natural Resources Ltd's CNQ.TO quarterly profit more than doubled and beat analysts' estimates, helped by higher production and average realized prices. Energy Inc SU.TO , Canada's second-largest energy producer, reported a higher third-quarter profit on Wednesday on better oil prices and increased refinery margins, along with higher sales and output. RESEARCH HIGHLIGHTS RCH/CA
BSR REIT HOMu.TO : National Bank of Canada starts coverage with outperform rating
Maxar Technologies Ltd MAXR.TO : CIBC cuts rating to neutral from outperformer
Roots Corp ROOT.TO : CIBC cuts target price to C$7 from C$10
COMMODITIES AT 7:15 a.m. ET COM/WRAP
Gold futures GCc2 : $1,127.7; -+1.0 pct GOL/
US crude CLc1 : $46.39; -+0.64 pct O/R
Brent crude LCOc1 : $49.85; -+0.6 pct O/R
LME 3-month copper CMCU3 : $5,359.50; -+0.1 pct MET/L
U.S. ECONOMIC DATA DUE ON THURSDAY
0730 Challenger layoffs for Oct: Prior 55,285
0830 Initial jobless claims : Expected 213,000; Prior 215,000
0830 Jobless claims 4-week average : Prior 211,750
0830 Continued jobless claims : Expected 1.640 mln; Prior 1.636 mln
0830 Labor costs preliminary for Q3: Expected 1.0 pct; Prior -1.0 pct
0830 Productivity preliminary for Q3: Expected 2.2 pct; Prior 2.9 pct
0945 Markit Manufacturing PMI Final for Oct: Prior 55.9
1000 Construction spending mm for Sep: Expected 0.1 pct; Prior 0.1 pct
1000 ISM Manufacturing PMI for Oct: Expected 59.0; Prior 59.8
1000 ISM Manufacturing Prices Paid for Oct: Expected 65.0; Prior 66.9
1000 ISM Manufacturing Employment Index for Oct: Expected 57.5; Prior 58.8
1000 ISM Manufacturing New Orders Index for Oct: Prior 61.8
1530 Domestic car sales for Oct: Expected 3.91 mln; Prior 3.91 mln
1530 Total vehicle sales for Oct: Expected 17.10 mln; Prior 17.44 mln
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