Nov 24 (Reuters) - Canada's main stock index looked set to extend the previous session's losses on Tuesday, with December futures on the S&P TSX index SXFc1 down 0.31 percent at 7:10 a.m. ET.
Global security concerns remained at the forefront after the U.S. State Department issued a global travel alert for Americans on Monday. urn:newsml:reuters.com:*:nL8N13I4J6
On Tuesday, Turkey said it shot down a Russian warplane that had violated its airspace near the Syrian border. urn:newsml:reuters.com:*:nL8N13J14S
Canada's main stock index was pulled lower by financial, industrial and healthcare stocks on Monday, cancelling out energy gains after the country's main oil-producing province unveiled a plan to tax carbon emissions and Saudi Arabia vowed to support oil prices. urn:newsml:reuters.com:*:nL1N13I2EX
Dow Jones Industrial Average e-mini futures 1YMc1 were down 0.46 percent at 7:10 a.m. ET, while S&P 500 e-mini futures Esc1 were down 0.39 percent and Nasdaq 100 e-mini futures NQc1 were down 0.46 percent. .N (Morning News Call newsletter http://link.reuters.com/nex49s; The Day Ahead newsletter http://link.reuters.com/mex49s)
TOP STORIES TOP/CAN
Canadian plane and train maker Bombardier Inc BBDb.TO said lower production of its business jets - Global 5000 and Global 6000 - will drive down revenue in 2016. The company is scheduled to hold an investor day on Tuesday. urn:newsml:reuters.com:*:nL3N13J3BK
Activist investor Bill Ackman's hedge fund has significantly increased its investment in Valeant Pharmaceuticals (N:VRX) International VRX.TO , and signaled it may play a greater role in the beleaguered drugmaker's strategy, according to a regulatory filing. urn:newsml:reuters.com:*:nL3N13I4IO
Canada will tell a green summit next week that it is finally ready to tackle climate change, Prime Minister Justin Trudeau said on Monday after a meeting with the country's provinces to work out a national strategy. urn:newsml:reuters.com:*:nL1N13J026
COMMODITIES AT 7:10 a.m. ET COM/WRAP
Gold futures GCc2 : $1,073.2; +0.6 pct GOL/
US crude CLc1 : $42.34; +1.44 pct O/R
Brent crude LCOc1 : $45.47; +1.43 pct O/R
LME 3-month copper CMCU3 : $4,501; +0.26 pct MET/L
ANALYST RESEARCH HIGHLIGHTS RCH/CA
TD Bank TD.TO : Canaccord Genuity raises target price to C$56 from C$54
Bank of Nova Scotia BNS.TO : Canaccord Genuity raises target price to C$71 from C$67
Manitoba Telecom Services Inc MBT.TO : Canaccord Genuity raises target price to C$29 from C$27
U.S. ECONOMIC DATA DUE ON TUESDAY
0830 Advance goods trade balance for Oct: Prior -58.63 bln
0830 Corporate profits preliminary for Q3: Prior +2.6 pct
0830 GDP 2nd estimate for Q3: Expected +2.1 pct; Prior +1.5 pct
0830 GDP sales preliminary for Q3: Expected +3.0 pct; Prior +3.0 pct
0830 GDP cons spending preliminary for Q3: Prior +3.2 pct
0830 GDP deflator preliminary for Q3: Expected +1.2 pct; Prior +1.2 pct
0830 Core PCE prices preliminary for Q3: Expected +1.3 pct; Prior +1.3 pct
0830 PCE prices preliminary for Q3: Expected +1.2 pct; Prior +1.2 pct
0855 Redbook mm: Prior +0.8 pct
0855 Redbook yy: Prior +1.2 pct
0900 CaseShiller 20 mm SA for Sep: Expected +0.3 pct; Prior +0.1 pct
0900 CaseShiller 20 mm NSA for Sep: Expected +0.4 pct; Prior +0.4 pct
0900 CaseShiller 20 yy for Sep: Expected +5.1 pct; Prior +5.1 pct
1000 Consumer Confidence for Nov: Expected +99.5; Prior +97.6
1000 Rich Fed Comp. Index for Nov: Prior -1
1000 Rich Fed, Services Index for Nov: Prior +18
1000 Rich Fed Manufacturing Shipments for Nov: Prior -4
FOR CANADIAN MARKETS NEWS, CLICK ON CODES:
TSX market report .TO
Canadian dollar and bonds report CAD/ CA/
Reuters global stocks poll for Canada EQUITYPOLL1 EPOLL/CA
Canadian markets directory CANADA
($1= C$1.34)