June 30 (Reuters) - Canada’s main stock index futures fell on Tuesday, dragged down by weaker oil prices on the back of rising coronavirus cases and simmering U.S.-China tensions.
A possible return of Libyan oil production, which has been down to a trickle since the start of the year, also hurt crude prices.
September futures on the S&P/TSX index were down 0.24% at 7:00 a.m. ET.
Data for Canada’s GDP for the month of April is due at 8:30 a.m. ET.
On Monday, the Toronto Stock Exchange’s S&P/TSX composite index ended 1.32% higher at 15,389.72.
Dow Jones Industrial Average e-mini futures were down 0.11% at 7:00 a.m. ET, while S&P 500 e-mini futures were down 0.04% and Nasdaq 100 e-mini futures were down 0.03%%.
Canada is over the worst of the coronavirus outbreak but a spike in cases in the United States and elsewhere shows Canadians must remain vigilant as the economy reopens, Prime Minister Justin Trudeau said on Monday.
Canada’s Alimentation Couche-Tard Inc’s quarterly results beat estimates on Monday, as customers spent more per trip to its convenience stores, even as overall traffic declined due to the COVID-19 pandemic.
Canada’s Cirque du Soleil Entertainment Group filed for bankruptcy protection on Monday as the COVID-19 pandemic forced the famed circus operator to cancel shows and lay off its artistes.
Restaurant Brands International Inc: Jefferies raises target price to $53 FROM $47
Cineplex Inc: National Bank Of Canada cuts target price to C$8 from C$10
COMMODITIES AT 7:00 a.m. ET
Gold futures: $1,781.0; +0.03%
US crude: $39.3; -1.01%
Brent crude: $41.26; -1.08%
0900 Caseshiller 20 mm SA for Apr: Expected 0.5%; Prior 0.5%
0900 Caseshiller 20 mm NSA for Apr: Prior 1.1%
0900 Caseshiller 20 yy for Apr: Expected 4.0%; Prior 3.9%
0945 Chicago PMI for Jun: Expected 45.0; Prior 32.3
1000 Consumer Confidence for Jun: Expected 91.8; Prior 86.6
1030 Texas Service Sector Outlook for Jun: Prior -41.7
1030 Dallas Fed Services Revenues for Jun: Prior -28.1
TSX market report
Canadian dollar and bonds report
Reuters global stocks poll for Canada
Canadian markets directory ($1= C$1.37) (Reporting by Shivani Kumaresan in Bengaluru; Editing by Maju Samuel)