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CANADA STOCKS-TSX futures flat as vaccine cheer fades

Published 2020-11-10, 07:57 a/m
© Reuters.
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Nov 10 (Reuters) - Futures for Canada's main stock index were flat on Tuesday as worries over the short-term economic impact of rising coronavirus cases worldwide overshadowed optimism around positive data from a late-stage COVID-19 vaccine trial.

U.S. drugmaker Pfizer (NYSE:PFE) PFE.N said on Monday its experimental COVID-19 vaccine was more than 90% effective, while Canadian drug developer Medicago said on Tuesday its COVID-19 vaccine triggered an immune response in an early-stage trial. futures on the S&P/TSX index SXFc1 were flat at 7:30 a.m. ET.

The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE ended 1.18% higher at 16,475.86 on Monday. .TO

Dow Jones Industrial Average e-mini futures 1YMc1 were up 0.65% on Tuesday. S&P 500 e-mini futures ESc1 dropped 0.27% and Nasdaq 100 e-mini futures NQc1 fell 1.7%. .N

TOP STORIES TOP/CAN

Canadian food producer Premium Brands Holdings Corp PBH.TO and a coalition of Mi'kmaq First Nations said on Monday they would buy Clearwater Seafoods Inc CLR.TO , one of the largest shellfish distributors in the country, in a deal valued at about C$1 billion, including debt. prices rose on Tuesday as hopes that a COVID-19 vaccine could be on the horizon outweighed the expected negative impact on fuel demand of new lockdowns to curb the virus. AT 7:30 a.m. ET

Gold futures GCc2 : $1,876.7; +1.22% GOL/

US crude CLc1 : $40.58; +0.69% O/R

Brent crude LCOc1 : $42.81; +0.97% 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$1.30)

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