July 23 (Reuters) - Canada's main stock index futures inched lower on Wednesday, dragged by falling oil prices due to renewed fears over the COVID-19 pandemic.
Two European patients are confirmed to have been re-infected with COVID-19, raising concerns about people's immunity to the coronavirus. crude oil futures LCOc1 fell 0.31%, while U.S. West Texas Intermediate crude CLc1 shed 0.48%.
September futures on the S&P/TSX index SXFc1 were down 0.03% at 7:00 a.m. ET.
On Monday, the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE ended 0.06% lower at 16,617.48. Jones Industrial Average e-mini futures 1YMc1 were down 0.18% at 7:00 a.m. ET, while S&P 500 e-mini futures ESc1 were up 0.01% and Nasdaq 100 e-mini futures NQc1 were up 0.39%. .N
ANALYST RESEARCH HIGHLIGHTS RCH/CA
Bank of Montreal BMO.TO : Credit Suisse (SIX:CSGN) raises target price to C$81 from C$75
Bank of Nova Scotia BNS.TO : RBC cuts target price to C$61 from C$64
Superior Plus Corp SPB.TO : Atb Capital raises target price to C$14 from C$13.50
COMMODITIES AT 7:00 a.m. ET
Gold futures GCc2 : $1916.6; +2.1% GOL/
US crude CLc1 : $43.14; -0.48% O/R
Brent crude LCOc1 : $45.72; -0.31% O/R
U.S. ECONOMIC DATA DUE ON WEDNESDAY
0830 Durable goods for Jul: Expected 4.3%; Prior 7.6%
0830 Durables ex-transport for Jul: Expected 2.0%; Prior 3.6%
0830 Durables ex-defense mm for Jul: Prior 9.5%
0830 Nondefense cap ex-air for Jul: Expected 1.9%; Prior 3.4%
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)