CANADA STOCKS-Futures higher ahead of jobs report

Fri Feb 5, 2016 7:33am EST
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Feb 5 (Reuters) - Stock futures pointed to a higher opening for Canada's main stock index on Friday ahead of the monthly jobs report.

The Canadian economy is forecast to have added just 5,500 jobs in January, a slowdown from the 22,800 pace seen in the final month of 2015. The modest pace of job growth is expected to keep the unemployment rate unchanged at 7.1 percent in January.

The jobs report is due at 8:30 a.m. ET.

March futures on the S&P TSX index were up 0.4 percent at 7:15 a.m. ET.

Canada's main stock index jumped on Thursday as higher commodity prices helped lift mining stocks, while banks and railways also saw strong gains and the energy sector rose despite a slip in oil prices.

Dow Jones Industrial Average e-mini futures were up 0.13 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were up 0.09 percent and Nasdaq 100 e-mini futures were up 0.16 percent.

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