(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.
TOP STORIES [TOP/CAN]
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.
ANALYST RESEARCH HIGHLIGHTS [RCH/CA]
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]
U.S. ECONOMIC DATA DUE ON TUESDAY
1000 JOLTS job openings for July: Expected 7.311 mln; Prior 7.348 mln
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Reporting by Pathikrit Bandyopadhyay in Bengaluru; Editing by Bernard Orr
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