June 26 (Reuters) - Canada’s main stock index was set for a higher start on Monday as oil prices rose for the third straight session, retreating from a seven-month low hit last week.
September futures on the S&P TSX index were up 0.21 percent at 7:15 a.m. ET.
Canada’s main stock index rallied as index heavyweights like energy and mining shone, while BlackBerry Ltd shares suffered its biggest one-day drop in 2-1/2 years after disappointing first quarter sales.
No major economic reports are scheduled for release .
Dow Jones Industrial Average e-mini futures were up 0.31 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were up 0.26 percent and Nasdaq 100 e-mini futures 0.4 percent.
China and Canada have signed an agreement vowing not to conduct state-sponsored cyberattacks against each other aimed at stealing trade secrets or other confidential business information.
ANALYST RESEARCH HIGHLIGHTS
Equitable Group Inc. National Bank of Canada raises rating to “sector perform” from “underperform”
Northland Power Inc. TD Securities raises rating to “action list buy” from “buy”
TSO3 Inc: Canaccord Genuity adds to “focus list pick”
COMMODITIES AT 7:15 a.m. ET
Gold futures: $1242.2; -1.11 percent
US crude: $43.11; +0.23 percent
Brent crude: $45.57; +0.07 percent
LME 3-month copper: $5798.5; -0.03 percent
U.S. ECONOMIC DATA DUE ON MONDAY
0830 Mon: Build permits R number mm for May: Prior 1.168 mln
0830 Build permits R change mm for May: Prior -4.9 pct
0830 Durable goods for May: Expected -0.6 pct; Prior -0.8 pct
0830 Durables ex-transport for May: Expected 0.5 pct; Prior -0.5 pct
0830 Durables ex-defense mm for May: Prior -0.9 pct
0830 Nondefe cap ex-air for May: Expected 0.3 pct; Prior 0.1 pct
0830 National Activity Index for May: Prior 0.49
1030 Dallas Fed Manufacturing Business Index for Jun: Prior 17.20
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 Nikhil Kumar in Bengaluru; Editing by Arun Koyyur)
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