March 26 (Reuters) - Futures pointed to a higher opening for Canada's main stock index on Monday as investors' optimism improved on a report that the United States and China are set to begin negotiations on trade.
June futures on the S&P TSX index SXFc1 were up 0.79 percent at 7:15 a.m. ET.
Canada's main stock index fell to a five-week low on Friday, led by declines for financial and industrial shares, as domestic data showed hotter-than-expected inflation and fears of a global trade war gripped investors. Jones Industrial Average e-mini futures 1YMc1 were up 1.27 percent at 7:15 a.m. ET, while S&P 500 e-mini futures Esc1 were up 1.36 percent and Nasdaq 100 e-mini futures NQc1 were up 1.72 percent. .N (Morning News Call newsletter http://link.reuters.com/nex49s; The Day Ahead newsletter http://link.reuters.com/mex49s)
TOP STORIES TOP/CAN
Barrick Gold Corp ABX.TO cut the 2017 compensation for its top two executives to reflect a challenging "shareholder experience" and operations at some mines. ID:nL1N1R527W
COMMODITIES AT 7:15 a.m. ET COM/WRAP
Gold futures GCc2 : $1,1348.5; -0.10 pct GOL/
US crude CLc1 : $65.76; -0.18 pct O/R
Brent crude LCOc1 : $70.42; -0.04 pct O/R
LME 3-month copper CMCU3 : $6555.5; -1.57 pct MET/L
ANALYST RESEARCH HIGHLIGHTS RCH/CA
AGF Management Ltd AGFb.TO : CIBC cuts target price to C$8 from C$8.50, saying that market volatility may override the company's first-quarter results.
Dollarama Inc DOL.TO : Barclays (LON:BARC) raises price target to C$154 from C$151, stating that the company continues to represent a simple, visible and (most importantly) low-risk growth story to investors, especially in today's quickly changing retail environment.
U.S. ECONOMIC DATA DUE ON MONDAY
0830 National Activity Index for Feb: Prior 0.12
1030 Dallas Fed Manufacturing Business Index for Mar: Prior 37.2
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$1.29)