Nov 24 (Reuters) - Futures for Canada's main stock index rose on Tuesday, as a third promising COVID-19 vaccine spurred hopes of a quicker economic recovery and pushed up oil prices to its highest since March.
Brent crude LCOc1 futures rose 0.98%, while U.S. West Texas Intermediate (WTI) crude CLc1 futures gained 1.14%.
AstraZeneca AZN.L said on Monday its COVID-19 vaccine was 70% effective in trials and could be up to 90% effective. futures on the S&P/TSX index SXFc1 were up 0.63% at 7:00 a.m. ET.
The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE ended 0.46% higher at 17,097.74 on Monday.
Dow Jones Industrial Average e-mini futures 1YMc1 were up 1.04% at 7:00 a.m. ET, while S&P 500 e-mini futures ESc1 were up 0.76% and Nasdaq 100 e-mini futures NQc1 were up 0.36%.
TOP STORIES TOP/CAN
A resilient financial system and a targeted response by authorities have tempered the impact of the COVID-19 pandemic on Canada's financial system, but risks remain and the Bank of Canada must remain vigilant, a top official at the bank said on Monday. RESEARCH HIGHLIGHTS RCH/CA
Canadian Pacific Railway Ltd CP.TO : RBC raises target price to C$506 from C$451
First Quantum Minerals Ltd FM.TO : Jefferies raises target price to C$33 from C$20
Sierra Metals Inc SMT.TO : Jefferies raises target price to C$4 from C$2.75
COMMODITIES AT 7:00 a.m. ET
Gold futures GCc2 : $1808.8; -1.58% GOL/
US crude CLc1 : $43.55; +1.14% O/R
Brent crude LCOc1 : $46.51; +0.98% O/R
U.S. ECONOMIC DATA DUE ON TUESDAY
0900 Monthly home price mm for Sep: Prior 1.5%
0900 Monthly home price yy for Sep: Prior 8.0%
0900 Monthly Home Price Index for Sep: Prior 297.7
0900 Caseshiller 20 mm SA for Sep: Expected 0.7%; Prior 0.5%
0900 Caseshiller 20 mm NSA for Sep: Prior 1.1%
0900 Caseshiller 20 yy for Sep: Expected 5.1%; Prior 5.2%
1000 Consumer Confidence for Nov: Expected 98.0; Prior 100.9
1000 Rich Fed Composite Index for Nov: Prior 29
1000 Rich Fed, Services Index for Nov: Prior 19
1000 Rich Fed Manufacturing Shipments for Nov: Prior 30
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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$1.30)