July 20 (Reuters) - Futures tracking Canada's blue-chip

stocks edged higher on Monday, steadying after recent jitters in

the tech sector, while escalating U.S.-Iran tensions and a

domestic inflation report later in the day kept investors

cautious.

September contracts tracking the resources-heavy S&P/TSX

Composite Index were up 0.3% at 7:55 a.m. ET.

Here are some details:

* The main stock index logged small weekly declines on

Friday as a global selloff in semiconductor stocks dented

investor sentiment on concerns about ballooning valuations.

* The S&P/TSX Capped Information Technology index

has fallen over 10% this year.

* Oil prices were choppy after Iran's foreign ministry

signaled it could pursue negotiations with the U.S. based on

national interests.

* Brent crude futures were last around $88 per

barrel, while West Texas Intermediate crude dropped 0.3%

to $82.

* The focus will be on June inflation data, due at 8:30 am

ET. Economists polled by Reuters anticipate price pressures to

rise 2.9% in June, cooling from a 3.2% rise in the month before.

* Traders see a 56% chance that the Bank of Canada will lift

interest rates by at least 25 basis points in December,

LSEG-compiled data showed.

* FOR CANADIAN MARKETS NEWS, CLICK ON CODES:

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Reuters global stocks poll for Canada

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