CANADA STOCKS-Futures lower as oil prices fall

Mon Mar 14, 2016 7:31am EDT
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March 14 (Reuters) - Stock futures pointed to a lower opening for Canada's main index on Monday as Brent crude prices fell below $40 a barrel after Iran dashed hopes that there would be a coordinated production freeze any time soon, returning bearish sentiment to the market over a glut that has sent prices crashing.

March futures on the S&P TSX index were down 0.26 percent at 7:15 a.m. ET.

Canada's main stock index rose on Friday, marking a new three-month high as an oil rally and improved risk appetite helped drive gains in energy and financial stocks.

Dow Jones Industrial Average e-mini futures were down 0.09 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were down 0.21 percent and Nasdaq 100 e-mini futures were down 0.12 percent.

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