CANADA STOCKS-TSX futures lower after G20's shift to protectionism
March 20 (Reuters) - Stock futures pointed to a lower opening for Canada's main stock index on Monday after financial leaders of the world's biggest economies dropped a pledge to keep global trade free and open.
Breaking a decade-long tradition of endorsing open trade, G20 finance ministers and central bankers made only a token reference to trade in their communique on Saturday, a clear defeat for host nation Germany, which fought the new U.S. government's attempts to water down past commitments.
June futures on the S&P TSX index were down 0.13 percent at 7:15 a.m. ET.
Wholesale trade data is due at 8:30 a.m. ET.
Canada's benchmark stock index fell on Friday as financial stocks lost ground along with bond yields and as natural resource companies pulled back despite an uptick in commodity prices.
Dow Jones Industrial Average e-mini futures were down 0.03 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were down 0.12 percent and Nasdaq 100 e-mini futures were down 0.02 percent.
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