Feb 13 (Reuters) - Futures for Canada’s main stock index were little changed on Tuesday, as oil prices edged lower after the International Energy Agency estimated world crude supply could overtake demand this year.
March futures on the S&P TSX index were up 0.02 percent at 7:20 a.m. ET.
Canada’s main stock index recovered on Monday to post its biggest one-day gain since July 2016, with all 10 sectors in positive territory, taking their cue from a rebound in global stocks, oil and metals following a brutal week.
Dow Jones Industrial Average e-mini futures were down 0.54 percent at 7:20 a.m. ET, while S&P 500 e-mini futures were down 0.47 percent and Nasdaq 100 e-mini futures were down 0.53 percent.
Toronto Stock Exchange operator TMX Group Ltd reported on Monday a higher-than-expected fourth-quarter profit as lower operating expenses before acquisition costs helped offset a fall in revenue.
ANALYST RESEARCH HIGHLIGHTS
Canadian Tire Corporation: Barclays raises price target to C$180 from C$178
Emera Inc: National Bank of Canada cuts price target to C$43 from C$45
Suncor Energy Inc: Barclays raises price target to C$54 from C$52
COMMODITIES AT 7:15 a.m. ET
Gold futures: $1329.6; +0.41 pct
US crude: $58.99; -0.51 pct
Brent crude: $62.44; -0.24 pct
LME 3-month copper: $6958; +1.86 pct
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$1 = C$1.26 Reporting by Erum Khaled in Bengaluru
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