CANADA STOCKS-TSX poised to open lower
May 16 (Reuters) - Canadian stocks looked set to open lower on Friday, with June futures on the S&P TSX index <0#SXF:> down 0.16 percent at 0730 ET.
March data on foreign investment in Canadian securities and Canadian investment in foreign securities is due at 0830 ET.
The index declined on Thursday as resource shares slipped with commodity prices amid a broader selloff triggered by concerns about extended valuations.
Dow Jones Industrial Average futures were down 0.13 percent at 0730 ET, while S&P 500 futures were down 0.01 percent and Nasdaq 100 futures were down 0.27 percent.
Canada broke with the United States and did not impose sanctions on two key allies of Russian President Vladimir Putin because the pair had Canadian business interests, according to sources familiar with the matter.
Canadian Imperial Bank of Commerce said on Thursday it will take a non-cash goodwill impairment charge of C$420 million on its Caribbean unit due to challenging economic conditions in the region. Continued...