Nov 26 (Reuters) - Futures for Canada's main stock index slipped on Thursday as oil prices retreated from seven-month highs on signs of growing supplies.
December futures on the S&P/TSX index SXFc1 were down 0.2% at 7:29 a.m. ET.
The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE ended 0.2% higher at 17,313 on Wednesday. .TO
Dow e-minis 1YMcv1 were down 30 points, or 0.1% at 0729 a.m. ET, while S&P 500 e-minis EScv1 were down 2.5 points, or 0.07% and Nasdaq 100 e-minis NQcv1 were up 38.25 points, or 0.31%. .N
TOP STORIES TOP/CAN
Canadian banks are set to post a drop in fourth-quarter profits as margin pressures are exacerbated by a surge in deposits to a record and sluggish loan growth. Bank of Montreal BMO.TO and Scotiabank BNS.TO kick off results reporting on Tuesday next week. oil major Exxon Mobil Corp (NYSE:XOM) OM.N said it plans to reduce up to 300 positions in Canada as part of an ongoing cost-cut plan due to a coronavirus-driven slump in oil prices. RESEARCH HIGHLIGHTS RCH/CA
BRP Inc DOO.TO : National Bank Of Canada raises target price to C$88 from C$85
Rogers Sugar Inc RSI.TO : Scotiabank raises price target to C$5.50 from C$5
COMMODITIES AT 7:00 a.m. ET
Gold futures GCc2 : $1,815.8; +0.39% GOL/
US crude CLc1 : $45.11; -1.31% O/R
Brent crude LCOc1 : $48.02; -1.21% O/R
U.S. ECONOMIC DATA DUE ON THURSDAY
No economic indicators are scheduled for release.
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Canadian markets directory CANADA ($1= C$1.3009)