CANADA STOCKS-Futures gain as oil rebounds from sharp losses

Fri Mar 10, 2017 7:48am EST
 
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March 10 (Reuters) - Canadian stock futures were higher on Friday as oil prices pulled back after dropping to their lowest in more than three months, pressured by record U.S. crude inventories.

March futures on the S&P TSX index were up 0.11 percent at 7:15 a.m. ET.

Canadian employment data is due at 8:30 a.m. ET. Investors will also keep a watch on the monthly U.S. nonfarm payrolls report, which is due at the same time.

Canada's main stock index ended flat on Thursday as a rebound in energy stocks, led by Canadian Natural Resources , offset losses for the financial sector.

Dow Jones Industrial Average e-mini futures were up 0.31 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were up 0.35 percent and Nasdaq 100 e-mini futures were up 0.30 percent.

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