CANADA STOCKS-TSX set to open lower as oil continues fall

Fri Dec 18, 2015 8:06am EST
 
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Dec 18 (Reuters) - Stock futures pointed to a lower opening for Canada's main stock index on Friday on concerns surrounding falling oil prices which are set for a third straight weekly drop, the longest losing streak in four months.

March futures on the S&P TSX index were down 0.45 percent at 7:15 a.m. ET.

Inflation data for November and wholesale trade data for October are due at 8:30 a.m. ET.

Canada's main stock index fell on Thursday as weaker commodity prices following Wednesday's U.S. Federal Reserve rate hike weighed on energy and mining stocks, while a wireless acquisition dragged telecom stocks lower.

Dow Jones Industrial Average e-mini futures were down 0.62 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were down 0.58 percent and Nasdaq 100 e-mini futures were down 0.31 percent. (Morning News Call newsletter link.reuters.com/nex49s; The Day Ahead newsletter link.reuters.com/mex49s)

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