Nov 13 (Reuters) - Futures for Canada's main stock index edged higher due to renewed hopes of resolving the ongoing trade dispute between the United States and China.
A news report said on Monday that China's chief trade negotiator may visit Washington ahead of a scheduled meeting of leaders of both countries.
December futures on the S&P/TSX index SXFc1 were up 0.34 percent at 6:55 a.m. ET.
The Toronto Stock Exchange's S&P/TSX .GSPTSE closed down 118.04 points, or 0.77 percent, to 15,156.40, on Monday. Jones Industrial Average e-mini futures 1YMc1 were up 0.64 percent at 6:56 a.m. ET, while S&P 500 e-mini futures ESc1 were up 0.71 percent and Nasdaq 100 e-mini futures NQc1 were up 1.02 percent. .N
ANALYST RESEARCH HIGHLIGHTS RCH/CA
Interfor Corp IFP.TO : CIBC cuts price target to C$21 from C$23
Heroux Devtek Inc HRX.TO : RBC cuts price target to C$19 from C$20
Just Energy Group Inc JE.TO : Canaccord Genuity raises rating to speculative buy from hold
COMMODITIES AT 6:55 a.m. ET COM/WRAP
Gold futures GCc2 : $1199.1; fell 0.37 percent GOL/
US crude CLc1 : $58.68; fell 2.09 percent O/R
Brent crude LCOc1 : $68.77; fell 1.93 percent O/R
U.S. ECONOMIC DATA DUE ON TUESDAY
0600 NFIB Business Optimism for Oct: Prior 107.9
1400 Federal budget for Oct: Expected -$98.00 bln; Prior $119.00 bln
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Canadian markets directory CANADA
($1 = C$1.32)