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CANADA STOCKS-TSX futures drop on weak oil prices

Published 2021-02-19, 07:39 a/m
© Reuters.

Feb 19 (Reuters) - Futures for Canada's main stock index fell on Friday as oil prices dipped, and marked their worst week this month on delays in rollouts of coronavirus vaccines and a jump in monthly jobless claims.

March quarter futures on the S&P/TSX index SXFc1 were down 0.2% at 7:00 a.m. ET.

The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE ended 0.5% lower 18274.07 on Thursday. .TO

Dow e-minis 1YMcv1 were up 53 points, or 0.17% at 17:53 a.m. ET, while S&P 500 e-minis EScv1 were up 11 points, or 0.28% and Nasdaq 100 e-minis NQcv1 were up 58 points, or 0.43%. .N

TOP STORIES TOP/CAN

Canadian auto parts maker Magna International Inc MG.TO on Friday forecast full-year revenue above analysts' estimates after fourth-quarter profit surged 67% on a rebound in vehicle sales from pandemic lows. prices fell from recent highs for a second day on Friday as Texas energy firms began to prepare for restarting oil and gas fields shuttered by freezing weather. RESEARCH HIGHLIGHTS RCH/CA

Canadian Tire Corporation Ltd CTCa.TO : CIBC raises target price to C$202 from C$198

CCL Industries Inc CCLb.TO : CIBC raises target price to C$72 from C$70

Superior Plus Corp SPB.TO : Canaccord Genuity cuts to hold from buy

TCP Energy Corp TRP.TO : CIBC raises target price to C$70 from C$69

COMMODITIES AT 7:15 a.m. ET

Gold futures GCc2 : $1,767.7; -0.36% GOL/

US crude CLc1 : $59.32; -2% O/R

Brent crude LCOc1 : $63.03; -1.4% O/R

FOR CANADIAN MARKETS NEWS, CLICK ON CODES:

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$1.26)

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