Oct 18 (Reuters) - Futures for Canada’s main stock index were little changed on Friday, as higher oil prices helped offset concerns over an economic slowdown in China.
December futures on the S&P/TSX index were up 0.04% at 7:00 a.m. ET.
China’s third-quarter economic growth slowed more than expected and to its weakest pace in almost three decades as the bruising U.S. trade war hit factory production.
The Toronto Stock Exchange’s S&P/TSX composite index fell 0.01% to 16,426.30 on Thursday.
Dow Jones Industrial Average e-mini futures were up 0.03% at 7:00 a.m. ET, while S&P 500 e-mini futures were up 0.03% and Nasdaq 100 e-mini futures were down 0.05%.
London Stock Exchange reported higher-than-expected third-quarter income on Friday, putting it in a strong position ahead of next month’s shareholder vote on its planned $27 billion deal to buy data provider Refinitiv.
ANALYST RESEARCH HIGHLIGHTS
Maple Leaf Foods Inc: CIBC cuts price target to C$40 from C$41
Waste Connections Inc: KeyBanc raises rating to “overweight” from “sector weight”
COMMODITIES AT 7:00 a.m. ET
Gold futures: $1484.8; -0.63 percent
US crude: $54.46; +0.98 percent
Brent crude: $60.15; +0.4 percent
U.S. ECONOMIC DATA DUE ON FRIDAY
1000 Leading Index mm for Sep: Expected 0.1 %; Prior -0.3%
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Canadian markets directory ($1 = C$1.31) (Reporting by Nayyar Rasheed in Bengaluru; Editing by Sriraj Kalluvila)
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