CANADA STOCKS-Futures down as oil prices fall

Thu Apr 28, 2016 7:29am EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

April 28 (Reuters) - Stock futures pointed to a lower opening for Canada's main stock index on Thursday as oil prices fell after hitting a 2016 high on Wednesday.

June futures on the S&P TSX index were down 0.70 percent at 7:30 a.m. ET.

No major economic events are scheduled for the day.

Canada's main stock index rose on Wednesday as higher oil prices supported energy stocks, while financial and materials stocks also advanced after the Federal Reserve kept interest rates unchanged.

Dow Jones Industrial Average e-mini futures were down 0.81 percent at 7:30 a.m. ET, while S&P 500 e-mini futures were down 0.74 percent and Nasdaq 100 e-mini futures were down 0.45 percent.

(Morning News Call newsletter; The Day Ahead newsletter


Potash Corp of Saskatchewan , the world's biggest fertilizer company by capacity, cut its full-year profit forecast due to weak demand and lower prices.   Continued...