May 13 (Reuters) - Futures for Canada's main stock index pointed to a lower opening on Monday, as the United States and China appeared to be at a deadlock over trade negotiations.
In the talks between the world's two largest economies, Washington demanded promises of concrete changes to Chinese law and Beijing said it would not swallow any "bitter fruit" that harmed its interests. futures on the S&P/TSX index SXFc1 were down 0.77% at 7:00 a.m. ET.
The Toronto Stock Exchange's S&P/TSX .GSPTSE fell 24.20 points, or 0.15%, to 16,297.55 on Friday. Jones Industrial Average e-mini futures 1YMc1 were down 1.21% at 7:00 a.m. ET, while S&P 500 e-mini futures ESc1 were down 1.26% and Nasdaq 100 e-mini futures NQc1 were down 1.65%. .N
ANALYST RESEARCH HIGHLIGHTS RCH/CA
Emera Inc EMA.TO : RBC raises target price to C$59 from C$56
GDI Integrated Facility Services GDI.TO : CIBC raises target price to C$28 from C$24
Hardwoods Distribution Inc HDI.TO : National Bank of Canada cuts target price to C$15.50
COMMODITIES AT 7:00 a.m. ET COM/WRAP
Gold futures GCc2 : $1,284.3; -0.24% GOL/
US crude CLc1 : $62.46; +1.3% O/R
Brent crude LCOc1 : $71.68; +1.53% O/R
U.S. ECONOMIC DATA DUE ON MONDAY
No economic indicators are scheduled for release.
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Canadian dollar and bonds report CAD/ CA/
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Canadian markets directory CANADA
($1= C$1.34)