CANADA STOCKS-TSX futures indicate lower open as global markets slip
April 11 (Reuters) - Stock futures pointed to a slightly lower open for Canada's main stock index on Friday as investors take cues from weakening global markets due to a sell-off in technology stocks.
June futures on the S&P TSX index <0#SXF:> were down 0.09 percent at 0715 ET.
The index dropped on Thursday as a selloff in U.S. technology and biotechnology stocks hit investor sentiment and fueled declines in every major sector.
Dow Jones Industrial Average futures were down 0.02 percent, S&P 500 futures were down 0.25 percent and Nasdaq 100 futures were down 0.29 percent at 0715.
Former Finance Minister Jim Flaherty, who steered Canada through the global financial crisis and then nearly eliminated the huge budget deficits he had run up in the process, died on Thursday just weeks after resigning.
The price of new Canadian homes rose 0.2 percent in February from January, topping expectations of a 0.1 percent gain after January's 0.3 percent increase, according to Statistics Canada data. Continued...