April 4 (Reuters) - Stock futures pointed to a higher opening for Canada’s main stock index on Monday as oil prices reversed earlier losses.
June futures on the S&P TSX index were up 0.53 percent at 7:35 a.m. ET.
No major economic events are scheduled for the day.
Canada’s main stock index fell on Friday, dragged down by a 7.6 percent drop in BlackBerry Ltd shares on disappointing earnings and a slump in oil prices that hurt energy companies.
Dow Jones Industrial Average e-mini futures were up 0.20 percent at 7:35 a.m. ET, while S&P 500 e-mini futures were up 0.30 percent and Nasdaq 100 e-mini futures were up 0.26 percent.
COMMODITIES AT 7:35 a.m. ET
Gold futures : $1,217.6; -0.38 pct
US crude : $36.93; 0.35 pct
Brent crude : $38.83; 0.41 pct
LME 3-month copper : $4,803.50; -0.66 pct
ANALYST RESEARCH HIGHLIGHTS
Metro Inc : NBF raises target price to C$43 from C$42
TransCanada Corp : BMO, CIBC raise target price
U.S. ECONOMIC DATA DUE ON MONDAY
0945 ISM-New York Index for Mar: Prior 720.8
0945 ISM NY Biz Conditions for Mar: Prior 53.6
1000 Employment Trends for Mar: Prior 129.1
1000 Durables ex-defense, R mm for Feb: Prior -1.9 pct
1000 Durable goods, R mm for Feb: Prior -2.8 pct
1000 Factory orders mm for Feb: Expected -1.7 pct; Prior 1.6 pct
1000 Durables ex-transport R mm for Feb: Prior -1.0 pct
1000 Nondefense cap ex-air R mm for Feb: Prior -1.8 pct
1000 Factory ex-transport mm for Feb: Prior -0.2 pct
FOR CANADIAN MARKETS NEWS, CLICK ON CODES:
TSX market report
Canadian dollar and bonds report
Reuters global stocks poll for Canada
Canadian markets directory ($1 = C$1.32) (Reporting by Anjali James in Bengaluru; Editing by Saumyadeb Chakrabarty)
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