(Reuters) - Futures for Canada’s main stock index edged lower on Tuesday, weighed down by a drop in gold prices.
September futures on the S&P/TSX index SXFc1 were down 0.24% at 7:00 a.m. ET.
Canada’s annualized housing starts data for August is due at 8:15 a.m. ET and building permits data for July is expected at 8:30 a.m. ET.
The Toronto Stock Exchange S&P/TSX composite index .GSPTSE fell 0.24% to 16,495.09 on Monday.
Dow Jones Industrial Average e-mini futures 1YMc1 were down 0.08% at 7:00 a.m. ET, while S&P 500 e-mini futures ESc1 dropped 0.05% and Nasdaq 100 e-mini futures NQc1 fell 0.05%. [.N]
Shopify Inc (SHOP.TO) said on Monday it would buy warehouse technology provider 6 River Systems Inc for about $450 million, as it looks to accelerate growth of its fulfillment network.
Suncor Energy Inc (SU.TO), Canada’s second-largest oil sands producer, will invest C$1.4 billion to install two cogeneration units at its Oil Sands Base Plant, reducing greenhouse gas emissions by 25%, the company said on Monday.
Northland Power Inc (NPI.TO) said on Monday it would buy most of Colombian utility Empresa de Energia de Boyaca in a deal valued at C$1.05 billion, including debt.
Enghouse Systems Ltd (ENGH.TO): CIBC raises target price to C$43 from C$41.50
Torex Gold Resources Inc (TXG.TO): Scotiabank raises target price to C$23 from C$19
Toronto-Dominion Bank (TD.TO): Citigroup cuts target price to C$82 from C$90
COMMODITIES AT 7:00 a.m. ET [COM/WRAP]
Gold futures GCc2: $1495.6; -0.59% [GOL/]
US crude CLc1: $58.26; +0.71% [O/R]
Brent crude LCOc1: $62.99; +0.64% [O/R]
1000 JOLTS job openings for July: Expected 7.311 mln; Prior 7.348 mln
TSX market report [.TO]
Canadian dollar and bonds report [CAD/] [CA/]
Reuters global stocks poll for Canada EQUITYPOLL1 <EPOLL/CA>
Canadian markets directory CANADA
Reporting by Pathikrit Bandyopadhyay in Bengaluru; Editing by Bernard Orr