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CANADA STOCKS-TSX futures point to higher open on firmer commodities

Published 2021-03-09, 07:15 a/m
Updated 2021-03-09, 07:18 a/m
© Reuters.

March 9 (Reuters) - Futures for Canada's main stock index rose on Tuesday, tracking gains in both crude and bullion prices and supported by a retreat in bond yields.

Brent crude LCOc1 futures and U.S. West Texas Intermediate (WTI) crude CLc1 futures gained 1.29% and 1.45%, respectively, while gold futures GCc2 rose 1.79%. GOL/ O/R

March futures on the S&P/TSX index SXFc1 were up 0.65% at 7:00 a.m. ET.

The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE ended 0.6% higher at 18,490.76 on Monday.

Dow Jones Industrial Average e-mini futures 1YMc1 were up 0.6% at 7:00 a.m. ET, while S&P 500 e-mini futures ESc1 were up 1.15% and Nasdaq 100 e-mini futures NQc1 were up 2.49%. .N

ANALYST RESEARCH HIGHLIGHTS RCH/CA

Curaleaf Holdings Inc CURA.CD : BTIG initiates coverage with "buy" rating and price target C$35

Green Thumb Industries Inc GTII.CD : BTIG initiates coverage with "buy" rating

Bombardier Inc BBDb.TO : ATB Capital Markets raises target price to C$0.85 from C$0.60

COMMODITIES AT 7:00 a.m. ET

Gold futures GCc2 : $1707.8; +1.78% GOL/

US crude CLc1 : $65.89; +1.29% O/R

Brent crude LCOc1 : $69.23; +1.45% O/R

U.S. ECONOMIC DATA DUE ON TUESDAY

0600 NFIB Business Optimism Index for Feb : Prior 95.00

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$1.26)

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