CANADA STOCKS-TSX set to open lower after Brussels attacks

Tue Mar 22, 2016 7:20am EDT
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March 22 (Reuters) - Stock futures pointed to a lower opening for Canada's main stock index on Tuesday after deadly blasts in Brussels dampened investor sentiment and prompted a flight towards safe-haven assets such as gold.

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

No major economic events are scheduled for the day.

Canada's main stock index ended higher on Monday, helped by financial and telecom stocks and by a surge in Valeant Pharmaceuticals International Inc after it parted ways with its CEO and invited an activist investor to its board.

Dow Jones Industrial Average e-mini futures were down 0.15 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were down 0.24 percent and Nasdaq 100 e-mini futures were down 0.28 percent.

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A move by Valeant Pharmaceuticals International Inc to single out two former top executives over its accounting problems is likely a bid to win leniency with government agencies investigating the drugmaker, according to accounting and securities experts.   Continued...