CANADA STOCKS-Futures down as oil prices tumble

Tue Mar 29, 2016 7:17am EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

March 29 (Reuters) - Canadian stock futures pointed to a lower opening on Tuesday as oil prices fell more than 2 percent, reflecting growing concerns that a two-month rally may be fizzling as analysts forecast record levels for U.S. crude stockpile.

June futures on the S&P TSX index were down 0.59 percent at 7:15 a.m. ET.

Producer prices and raw materials prices data is due at 8:30 a.m. ET

Canada's main stock rose on Monday following a long weekend, as strengthening financial and consumer shares offset losses in healthcare and commodity-related stocks.

Dow Jones Industrial Average e-mini futures were down 0.26 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were down 0.25 percent and Nasdaq 100 e-mini futures were down 0.17 percent.

(Morning News Call newsletter; The Day Ahead newsletter

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