CANADA STOCKS-TSX may open down with U.S. shrs after recent rise
March 19 (Reuters) - Toronto's main stock index looked set to open lower on Monday, mirroring weakness in U.S. shares, with investors keen to first see more evidence of improvement in the economies of Europe and the United States before extending a recent rally.
FACTORS TO WATCH
* Canadian equity futures pointed to a lower open.
* U.S. stock index futures slipped, indicating equities may pull back from nearly 4-year highs, after Apple said it will initiate a dividend and share repurchase program.
* European stocks lost ground in early trade, slipping from 8-month highs hit last week as investors waited for more evidence of improvement in the economies of Europe and the United States before chasing the market's brisk 2-month rally.
COMMODITY PRICE MOVES
* The Thomson Reuters-Jefferies CRB index, a global commodities benchmark, rose 0.19 percent in early trade.
* Brent crude oil held around $125 as tension over Iran's nuclear program supported prices, offsetting news of an increase in production from Saudi Arabia and efforts by the United States to ease supply fears. Continued...