CANADA STOCKS-Futures lower as oil, commodities prices drop

Mon May 29, 2017 7:25am EDT
 
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May 29 (Reuters) - Stock futures pointed to a slightly lower opening for Canada's main stock index on Monday as oil and commodity prices weakened.

Oil prices slipped as increased U.S. drilling activity outweighed an OPEC-led push to tighten supply.

June futures on the S&P TSX index were down 0.07 percent at 7:15 a.m. ET (1115GMT).

No economic data is scheduled for release.

U.S. stock markets are closed for Memorial day.

Canada's main stock index ended barely higher in subdued trade on Friday as small gains for some big banks and a boost for gold miners from higher bullion prices were offset by declines in pipeline companies and railway stocks.

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