Aug 16 (Reuters) - Futures for Canada's main stock index were up on Friday as crude oil prices rebounded after positive U.S. retail sales data helped ease concerns of a recession in the world's largest economy.
September futures on the S&P/TSX index SXFc1 were up 0.63%, as of 7:15 a.m. ET.
Canadian investment in foreign securities and foreign investment in Canadian securities data are due at 08:30 a.m. ET.
The Toronto Stock Exchange S&P/TSX composite index .GSPTSE closed down 33.41 points, or 0.21%, at 16,012.53 on Thursday. Jones Industrial Average e-mini futures 1YMc1 were up 1% at 7:15 a.m. ET, while S&P 500 e-mini futures ESc1 were up 1.03% and Nasdaq 100 e-mini futures NQc1 were up 1.33%. .N
TOP STORIES TOP/CAN
A recent unsolicited bid for Inter Pipeline Ltd IPL.TO has highlighted the potential of Canada's midstream companies to offer insulation from volatile oil prices. pot grower CannTrust Holdings TRST.TO on Thursday said that the sale of over half of its stock of marijuana and around a quarter of its plants had been suspended following the discovery of unlicensed cultivation at its facilities. RESEARCH HIGHLIGHTS RCH/CA
Extendicare Inc EXE.TO : CIBC upgrades rating to "outperformer" from "neutral"
Intact Financial Corp IFC.TO : KBW raises price target to C$125 from C$122
Just Energy Group Inc JE.TO : CIBC cuts rating to "underperformer" from "neutral"
COMMODITIES AT 7:15 a.m. ET COM/WRAP
Gold futures GCc2 : $1513.4; -0.55 percent GOL/
US crude CLc1 : $55.4; +1.71 percent O/R
Brent crude LCOc1 : $59.27; +1.79 percent O/R
U.S. ECONOMIC DATA DUE ON FRIDAY
0830 Building permits: number for July: Expected 1.270 mln; Prior 1.232 mln
0830 Building permits: change mm for July: Prior -5.2%
0830 Housing starts number for July: Expected 1.257 mln; Prior 1.253 mln
0830 Housing starts mm: change for July: Prior -0.9%
1000 U Mich Sentiment Preliminary for Aug: Expected 97.2; Prior 98.4
1000 U Mich Conditions Preliminary for Aug: Expected 110.4; Prior 110.7
1000 U Mich Expectations Preliminary for Aug: Expected 89; Prior 90.5
1000 U Mich 1 year inflation preliminary for Aug: Prior 2.6%
1000 U Mich 5-year inflation preliminary for Aug: Prior 2.5%
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($1 = C$1.33)