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UPDATE 1-CANADA STOCKS-Futures remain unchanged despite strong economic data

Published 2017-06-09, 08:55 a/m
© Reuters.  UPDATE 1-CANADA STOCKS-Futures remain unchanged despite strong economic data
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(Adds Canadian economic data)

June 9 (Reuters) - Stock futures were little changed for Canada's main stock index on Friday even as the number of jobs added in May in the country exceeded expectations.

Statistics Canada reported that the economy added 54,500 jobs in May, mostly in full-time employment, a huge jump from the Reuters poll, which expected 11,000 jobs to be added. futures on the S&P TSX index SXFc1 were up 0.03 percent at 8:45 a.m. ET.

Canada's main stock index gained on Thursday, helped by rises for some of the country's biggest banking stocks and a sharp jump in Valeant Pharmaceuticals (NYSE:VRX) but weighed down by losses for gold miners. Jones Industrial Average e-mini futures 1YMc1 were up 0.16 percent at 8:45 a.m. ET. S&P 500 e-mini futures ESc1 were up 0.14 percent and Nasdaq 100 e-mini futures NQc1 were up 0.08 percent. .N

(Morning News Call newsletter http://share.thomsonreuters.com/assets/newsletters/Morning_News_Call/MNC_US.pdf ; The Day Ahead newsletter http://share.thomsonreuters.com/assets/newsletters/The_Day_Ahead/TDA_NAM.pdf)

TOP STORIES TOP/CAN

Oil and gas producer Encana Corp ECA.TO said it would sell its Piceance natural gas assets in northwestern Colorado to privately held Caerus Oil and Gas LLC for $735 million. industrial capacity rose to its highest level since 2007 in the first quarter, lifted by the manufacturing and construction sectors, data from Statistics Canada showed. RESEARCH HIGHLIGHTS RCH/CA

Transcontinental Inc TCLa.TO : BMO raises target price to C$25 from C$22

Transat AT Inc TRZ.TO : TD Securities raises price target to C$7 from C$5

ECN Capital Corp ECN.TO : National Bank of Canada raises price target to C$5 from C$4.75; rating "outperform"

COMMODITIES AT 8:45 a.m. ET COM/WRAP

Gold futures GCc2 : $1,271.6; -0.46 pct GOL/

US crude CLc1 : $45.60; -0.09 pct O/R

Brent crude LCOc1 : $47.85; -0.02 pct O/R

LME 3-month copper CMCU3 : $5,786.50; +0.99 pct MET/L

U.S. ECONOMIC DATA DUE ON FRIDAY

10:00 Wholesale inventory(y), R mm for April: Expected 0.2 pct; Prior -0.3 pct

10:00 Wholesale sales mm for April: Prior 0.0 pct

10:30 ECRI Weekly Index: Prior 143.7

10:30 ECRI weekly annualized: Prior 4.6 pct

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$1.35)

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