CANADA STOCKS-Futures up as economic growth escalates

Thu Mar 31, 2016 9:01am EDT
 
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(Adds GDP data)

March 31 (Reuters) - Canadian stock futures edged higher on Thursday as data showed the economy expanded more than expected in January on strength in energy, manufacturing and retail sectors.

Data from Statistics Canada showed the economy grew 0.6 percent. Market operators polled by Reuters had forecast a 0.3 percent increase from December.

June futures on the S&P TSX index were up 0.05 percent at 8:50 a.m. ET.

Canada's main stock index rose on Wednesday as consumer and bank stocks bounced and equity investors broadly cheered a more cautious tone on U.S. interest rate hikes from the Federal Reserve.

Dow Jones Industrial Average e-mini futures were up 0.04 percent at 8:50 a.m. ET, while S&P 500 e-mini futures were up 0.02 percent and Nasdaq 100 e-mini futures were down 0.01 percent.

(Morning News Call newsletter link.reuters.com/nex49s; The Day Ahead newsletter link.reuters.com/mex49s)

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