Dec 7 (Reuters) - Futures for Canada's main stock index fell on Monday, weighed by lower crude prices and rising tensions between the United States and China.
December futures on the S&P/TSX index SXFc1 were down 0.26% at 7:00 a.m. ET.
Reuters exclusively reported that the United States was preparing to impose sanctions on at least a dozen Chinese officials over their alleged role in Beijing's disqualification of elected opposition legislators in Hong Kong. crude LCOc1 and U.S. West Texas Intermediate (WTI) crude CLc1 futures lost about 1% as a surge in coronavirus cases globally led to a series of renewed lockdowns. Ivey Purchasing Managers' Index data for November is due at 10:00 a.m. ET.
The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE ended 0.68% higher at 17,517.04 on Friday.
Dow Jones Industrial Average e-mini futures 1YMc1 were down 0.32% at 7:00 a.m. ET. S&P 500 e-mini futures ESc1 were down 0.3% and Nasdaq 100 e-mini futures NQc1 dipped 0.05%.
TOP STORIES TOP/CAN
Shipment of COVID-19 vaccines in Canada could start within 24 hours after Canadian health authorities approve the shots, a top official of pharmaceutical company BioNTech 22UAy.DE told CBC on Sunday, comparing it with the timeline achieved in Britain. RESEARCH HIGHLIGHTS RCH/CA
Capital Power Corp CPX.TO : Credit Suisse (SIX:CSGN) cuts to "neutral" from "outperform"
Inter Pipeline Ltd IPL.TO : Credit Suisse cuts to "underperform" from "neutral"
Marimaca Copper Corp MARI.TO : Canaccord Genuity initiates with "speculative buy"
COMMODITIES AT 7:00 a.m. ET
Gold futures GCc2 : $1830.9; -0.36% GOL/
US crude CLc1 : $45.75; -1.1% O/R
Brent crude LCOc1 : $48.74; -1.04% O/R
U.S. ECONOMIC DATA DUE ON MONDAY
1000 Employment Trends for Nov: Prior 97.57
1500 Consumer credit for Oct: Expected 16.00 bln; Prior 16.21 bln
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Reuters global stocks poll for Canada EQUITYPOLL1 EPOLL/CA
Canadian markets directory CANADA ($1= C$1.28)