CANADA STOCKS-Futures indicate higher open, employment data awaited

Fri Jun 6, 2014 7:26am EDT
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June 6 (Reuters) - Canadian stocks looked set to open higher on Friday as investors awaited monthly U.S. and Canadian employment reports.

June futures on the S&P TSX index <0#SXF:> were up 0.09 percent at 0715 ET.

Statistics Canada's employment data for May is expected to show that employers added 25,000 jobs after a surprise loss of 28,900 jobs in April. The data is due at 0830 ET.

U.S. employers are expected to have maintained a solid pace of hiring in May, returning employment to its pre-recession level. The U.S. data is also due at 0830 ET.

The TSX index was little changed on Thursday as a drop in energy and bank shares offset a jump in the gold-mining sector. Gold prices rose after the European Central Bank cut rates to record lows

Dow Jones Industrial Average e-mini futures were up 0.17 percent at 0715 ET, while S&P 500 e-mini futures were up 0.09 percent and Nasdaq 100 e-mini futures were up 0.11 percent.

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