Jan 10 (Reuters) - Stock futures pointed to a lower opening for Canada's main stock index on Thursday, as oil prices fell after official data indicated a surge in U.S. crude inventories.
March futures on the S&P/TSX index SXFc1 were down 0.43 percent at 7:00 a.m. ET.
The Toronto Stock Exchange's S&P/TSX .GSPTSE closed up 199.58 points, or 1.37 percent, to 14,804.73, on Wednesday. permits data is due at 8:30 a.m. ET.
Dow Jones Industrial Average e-mini futures 1YMc1 were down 0.39 percent at 7:00 a.m. ET, while S&P 500 e-mini futures ESc1 were down 0.53 percent and Nasdaq 100 e-mini futures NQc1 were down 0.6 percent. .N
ANALYST RESEARCH HIGHLIGHTS RCH/CA
Dundee Precious Metals Inc DPM.TO : CIBC raises rating to outperform from neutral.
Kirkland Lake Gold Ltd KL.TO : RBC raises price target to C$40 from C$38.
COMMODITIES AT 7:00 a.m. ET COM/WRAP
Gold futures GCcv1 : $1,294; +0.15 percent. GOL/
US crude CLc1 : $51.92; -0.84 percent. O/R
Brent crude LCOc1 : $60.93; -0.83 percent. O/R
U.S. ECONOMIC DATA DUE ON THURSDAY
0830 Initial jobless claims: Expected 225,000; Prior 231,000.
0830 Jobless claims 4-week average: Prior 218,750.
0830 Continued jobless claims: Expected 1.714 mln; Prior 1.740 mln.
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$1.32)