Oct 9 (Reuters) - Futures for Canada's main stock index dipped on Tuesday, tracking world markets, as investors fretted over a weakening outlook for global economic growth.
The International Monetary Fund cut its global economic growth forecasts for 2018 and 2019, saying the U.S.-China trade war was taking a toll and emerging markets were struggling with tighter liquidity and capital outflows. futures on the S&P/TSX index SXFc1 were down 0.59 percent at 6:55 a.m. ET.
Data on September housing starts is due at 8:15 a.m. ET.
The Toronto Stock Exchange's S&P/TSX .GSPTSE fell 60.50 points, or 0.38 percent, to 15,946.17 on Monday. Jones Industrial Average e-mini futures 1YMc1 were down 0.37 percent at 6:55 a.m. ET, while S&P 500 e-mini futures ESc1 were down 0.37 percent and Nasdaq 100 e-mini futures NQc1 were down 0.35 percent. .N
TOP STORIES TOP/CAN
Canada's second-largest pension fund CDPQ and Generation Investment Management LLP said they were buying a majority stake in UK-based fintech firm FNZ in a deal valuing FNZ at $2.09 billion. RESEARCH HIGHLIGHTS RCH/CA
Canadian Pacific Railway Ltd CP.TO : Raymond James raises price target to C$340 from C$305
Suncor Energy Inc SU.TO : BMO raises target price to C$65 from C$60
Supremex Inc SXP.TO : IA Securities cuts target price to C$4.50 from C$5.25
COMMODITIES AT 6:55 a.m. ET COM/WRAP
Gold futures GCc2 : $1187.5; +0.14 percent GOL/
US crude CLc1 : $74.81; +0.7 percent O/R
Brent crude LCOc1 : $84.66; +0.89 percent O/R
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