CANADA STOCKS-TSX futures lower ahead of inflation data
April 21 (Reuters) - Canada's main stock index was set for a modestly lower opening on Friday after oil prices fell over doubts that OPEC-lead production cut will restore balance to an oversupplied market.
June futures on the S&P TSX index were down 0.04 percent at 7:15 a.m. ET.
Investors will look forward to inflation data scheduled for release at 8:30 a.m. ET. Data from Statistics Canada is likely to show the country's annual inflation rate slipped to 1.8 percent in March from 2 percent in February.
Canada's main stock index rose on Thursday after shares of Canadian Pacific Railway Ltd jumped on an upbeat earnings report and mining shares benefited from a gain in commodity prices.
Dow Jones Industrial Average e-mini futures were up 0.05 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were up 0.13 percent and Nasdaq 100 e-mini futures were up 0.19 percent.
Canadian engineering and construction company SNC-Lavalin Group Inc on Thursday said it would buy British engineering and consultancy firm WS Atkins Plc for C$3.6 billion ($2.67 bill1ion), firming up an indicative offer it made earlier this month. Continued...