Oct 24 (Reuters) - Stock futures for Canada's main stock index pointed to a higher opening on Tuesday as oil prices rose.
Crude prices found support from supply disruptions in Iraq and after Saudi Arabia said it is determined to reduce crude inventories further. O/R
December futures on the S&P TSX index SXFc1 were up 0.16 percent at 7:15 a.m. ET.
Canada's main stock index ended little changed on Monday, as a plunge in Eldorado Gold Corp ELD.TO and losses for energy stocks offset gains in the financial and mining sectors. .TO
Dow Jones Industrial Average e-mini futures 1YMc1 were up 0.25 percent at 7:15 a.m. ET, while S&P 500 e-mini futures ESc1 were up 0.09 percent and Nasdaq 100 e-mini futures NQc1 were up 0.11 percent. .N
(Morning News Call newsletter http://share.thomsonreuters.com/assets/newsletters/Morning_News_Call/MNC_US.pdf ; The Day Ahead newsletter http://share.thomsonreuters.com/assets/newsletters/The_Day_Ahead/TDA_NAM.pdf)
TOP STORIES TOP/CAN
China's state-owned Sinochem Group SINOC.UL appeared to deny a media report that it was bidding for a stake in Chilean lithium producer SQM SQMa.SN being sold by Canada's PotashCorp POT.TO . RESEARCH HIGHLIGHTS RCH/CA
Eldorado Gold Corp ELD.TO : Canaccord Genuity cuts price target to C$2.25 from C$3.25
First Quantum Minerals Ltd FM.TO : Barclays (LON:BARC) raises price target to C$15.10 from C$12.65
COMMODITIES AT 7:15 a.m. ET COM/WRAP
Gold futures GCcv1 : $1,279.6; -0.09 pct GOL/
US crude CLc1 : $52.31; +0.79 percent O/R
Brent crude LCOc1 : $57.81; +0.77 percent O/R
LME 3-month copper CMCU3 : $7091; +1.24 percent MET/L
U.S. ECONOMIC DATA DUE ON TUESDAY
0945 Markit Manufacturing PMI Flash for Oct: Expected 53.5; Prior 53.1
0945 Markit Services PMI Flash for Oct: Expected 55.6; Prior 55.3
1000 Rich Fed Composite Index for Oct: Prior 19
1000 Rich Fed, Services Index for Oct: Prior 22
1000 Rich Fed Manufacturing Shipments for Oct: Prior 22
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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$1.27)