June 8, 2020 / 11:42 AM / 24 days ago

CANADA STOCKS-TSX futures dip after prior session rally

June 8 (Reuters) - Canada's main stock index futures treaded water on Monday, after stocks hit a three-month high in the previous session on tentative signs of a rebound in the domestic employment rate.

June futures on the S&P/TSX index were down 0.08% at 7:00 a.m. ET. On Friday, the Toronto Stock Exchange's S&P/TSX composite index ended 2.10 percent higher at 15,854.07.

Housing starts data for May is due for release at 8:15 a.m. ET.

Dow Jones Industrial Average e-mini futures were up 0.61% at 7:00 a.m. ET, while S&P 500 e-mini futures were up 0.38% and Nasdaq 100 e-mini futures were up 0.08%.

ANALYST RESEARCH HIGHLIGHTS

Enghouse Systems Ltd: RBC raises target price to C$75 from C$67

Goeasy Ltd: National Bank of Canada raises target price to C$66 from C$45

Mav Beauty Brands Inc: CIBC raises target price to C$4 from C$3.50

COMMODITIES AT 7:00 a.m. ET

Gold futures: $1694; +0.92 percent

US crude: $39.62; +0.18 percent

Brent crude: $42.59; +0.69 percent

U.S. ECONOMIC DATA DUE ON MONDAY

1000 (approx.) Employment Trends for May: Prior 43.40

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$1.34) (Reporting by Yoganand KN in Bengaluru; Editing by Amy Caren Daniel)

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