CANADA STOCKS-TSX set to open lower as weak oil prices weigh

Tue Dec 2, 2014 7:44am EST
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Dec 2 (Reuters) - Stock futures pointed to a lower opening for Canada's main stock index on Tuesday as weakness in oil prices weighed on markets.

December futures on the S&P TSX index were down 0.05 percent at 7.15 a.m. ET.

No major economic events are scheduled for Tuesday.

Canada's main stock index declined on Monday as sluggish data raised concerns about the global economic recovery and shares of energy producers remained weak despite a rebound in oil prices.

Dow Jones Industrial Average e-mini futures were up 0.2 percent at 7.15 a.m. ET, while S&P 500 e-mini futures were up 0.26 percent and Nasdaq 100 e-mini futures were up 0.17 percent. (Morning News Call newsletter; The Day Ahead newsletter


Spanish oil company Repsol is seeking partners to invest $4 billion to export natural gas from North America to Europe, which is looking to cut its dependence on supplies from Russia, said two sources familiar with the matter.

The pace of growth in the Canadian manufacturing sector held steady in November, matching an 11-month high from October, as exports jumped to their highest level in over a year, data showed on Monday.   Continued...