Feb 14 (Reuters) - Canada’s main stock index futures were little changed on Tuesday ahead of testimony by U.S. Federal Reserve Chair Janet Yellen.
March futures on the S&P TSX index were down 0.02 percent at 7:15 a.m. ET.
The Toronto Stock Exchange’s S&P/TSX composite index rose for the fifth straight day on Monday, posting a fresh all-time peak as financials and industrials climbed, while lower oil and gold prices weighed on resource shares.
No major Canadian economic releases are scheduled.
Dow Jones Industrial Average e-mini futures were down 0.01 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were down 0.02 percent and Nasdaq 100 e-mini futures were down 0.01 percent.
TMX Group Ltd, which owns and operates the Toronto Stock Exchange, reported better-than-expected quarterly results as the exchange operator reaped benefits from cost cuts.
ANALYST RESEARCH HIGHLIGHTS
DHX Media Ltd: CIBC cuts target price to C$7.5 from C$8
Power Corporation of Canada: CIBC raises target price to C$34 from C$33
RDM Corp: Canaccord Genuity cuts target price to C$5.50 from C$6
COMMODITIES AT 7:15 a.m. ET
Gold futures: $1228.5; + 0.33 percent
US crude: $53.36; +0.81 percent
Brent crude: $56.11; +0.94 percent
LME 3-month copper: $6149; +0.7 percent
U.S. ECONOMIC DATA DUE ON TUESDAY
08:30 PPI final demand yy for Jan: Expected 1.5 pct; Prior 1.6 pct
08:30 PPI final demand mm for Jan: Expected 0.3 pct; Prior 0.2 pct
08:30 PPI exfood/energy yy for Jan: Expected 1.1 pct; Prior 1.6 pct
08:30 PPI exfood/energy mm for Jan: Expected 0.2 pct; Prior 0.1 pct
08:30 PPI ex food/energy/transport yy for Jan: Prior 1.7 pct
08:30 PPI ex food/energy/transport mm for Jan: Prior 0.1 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$1.30) (Reporting by Shradha Singh in Bengaluru; Editing by Anil D’Silva)
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