Reuters | Feb 12, 2019 07:40
Feb 12 (Reuters) - Canada's main index futures rose on Tuesday, as crude prices climbed more than two percent.
March futures on the S&P/TSX index SXFc1 were up 0.5 percent at 7:05 a.m. ET.
OPEC-led production cuts and U.S. sanctions against Iran and Venezuela supported oil prices. Toronto Stock Exchange's S&P/TSX .GSPTSE closed lower 64.48 points, or 0.41 percent, to 15,568.85 on Monday. Jones Industrial Average e-mini futures 1YMc1 were up 0.84 percent at 7:05 a.m. ET, while S&P 500 e-mini futures ESc1 rose 0.73 percent and Nasdaq 100 e-mini futures NQc1 were up 0.84 percent. .N
TOP STORIES TOP/CAN
Shopify Inc's SHOP.TO loss narrowed in the fourth quarter, the online store builder said on Tuesday, as it signed up more businesses and earned higher payment processing fees. Cannabis Inc ACB.TO reported better-than-expected quarterly revenue on Monday, as the company benefited from higher sales after Canada legalized the use of recreational cannabis in October. RESEARCH HIGHLIGHTS RCH/CA
Constellation Software Inc CSU.TO : RBC raises target price to C$1,250 from C$1,150
Valener Inc VNR.TO : RBC raises target price to C$22 from C$21
COMMODITIES AT 7:05 a.m. ET COM/WRAP
Gold futures GCc2 : $1313.9; rose 0.36 percent GOL/
US crude CLc1 : $53.38; rose 1.85 percent O/R
Brent crude LCOc1 : $62.79; rose 2.08 percent O/R
U.S. ECONOMIC DATA DUE ON TUESDAY
1000 JOLTS Job openings for Dec: Expected 6.900 mln; Prior 6.888 mln
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$1.33)
Written By: Reuters
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