Oct 19 (Reuters) - Futures for Canada's main stock index were higher on Friday ahead of inflation data, supported by gains in energy shares as oil prices rose.
Oil prices rose on signs of surging demand in China, although the market was heading for a second week of losses on rising U.S. inventories and concern that trade wars were curbing economic activity. futures on the S&P/TSX index SXFc1 were up 0.21 percent at 7:01 a.m. ET.
Data on inflation and retail sales are due at 8:30 a.m. ET.
The Toronto Stock Exchange's S&P/TSX .GSPTSE closed down 125.77 points, or 0.81 percent, at 15,404.13 in the previous session. Jones Industrial Average e-mini futures 1YMc1 were up 0.28 percent at 7:07 a.m. ET, while S&P 500 e-mini futures ESc1 were up 0.24 percent and Nasdaq 100 e-mini futures NQc1 were up 0.44 percent. .N
TOP STORIES TOP/CAN
Canadian media company Corus Entertainment Inc 's CJRb.TO quarterly profit beat estimates on Friday, helped by lower restructuring and broadcasting costs. telecom company Rogers Communications Inc RCIb.TO reported a 17 percent rise in quarterly profit on Friday, helped by growth in its wireless and cable businesses. move to legalize recreational marijuana this week is unlikely to immediately trigger a flood of pot-fueled tourism, as tour operators and consumers are unsure about rules governing the brand new industry. RESEARCH HIGHLIGHTS RCH/CA
Canadian Pacific Railway Ltd CP.TO : RBC raises price target to C$331 from C$329
Imperial Oil Ltd IMO.TO : Goldman Sachs (NYSE:GS) raises rating to "buy" from "sell"
COMMODITIES AT 7:09 a.m. ET COM/WRAP
Gold futures GCcv1 : $1228.5; rose 0.09 percent GOL/
US crude CLc1 : $69.02; rose 0.54 percent O/R
Brent crude LCOc1 : $79.92; rose 0.79 percent O/R
U.S. ECONOMIC DATA DUE ON FRIDAY
1000 Existing home sales for Sep: Expected 5.30 mln; Prior 5.34 mln
1000 Existing home sales percentage change for Sep: Expected -0.7 pct; Prior 0.0 pct
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