CANADA STOCKS-Futures point to lower start for TSX

Mon Apr 6, 2015 7:38am EDT
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April 6 (Reuters) - Stock futures pointed to a lower opening for Canada's main stock index on Monday after a dismal U.S. payrolls report led investors to pare bets the Federal Reserve would hike interest rates anytime soon.

June futures on the S&P TSX index were down 0.53 percent at 7:15 a.m. ET.

Ivey PMI data is due at 10:00 a.m. ET.

Canada's main stock index closed higher on Thursday as shares of energy producers held on to gains despite falling oil prices, while most other major sectors were lifted by positive U.S. economic data.

Dow Jones Industrial Average e-mini futures were down 0.67 percent at 7:15 a.m. ET on Monday, while S&P 500 e-mini futures were down 0.68 percent and Nasdaq 100 e-mini futures were down 0.66 percent. (Morning News Call newsletter; The Day Ahead newsletter


Canadian Finance Minister Joe Oliver promised on Thursday to deliver a balanced budget on April 21 despite the economic damage inflicted by low oil prices, and pledged to avoid what he called tax-and-spend plans that could damage a fragile recovery.

Canadian gold miner Barrick Gold Corp said on Friday it has settled 11 claims related to atrocities committed against women over the last two decades at its Porgera gold mine in Papua New Guinea.

COMMODITIES AT 7:15 a.m. ET   Continued...