CANADA STOCKS-Futures bolstered by upbeat U.S. economic data

Fri Jun 2, 2017 7:31am EDT
 
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June 2 (Reuters) - Stock futures pointed to a higher opening for Canada's main stock index on Friday as strong U.S. economic data eased growth concerns, ahead of a payrolls report due later in the day.

U.S. job growth likely remained strong in May, a further sign of an acceleration in economic activity that would effectively seal the case for an interest rate increase this month despite sluggish wage gains.

June futures on the S&P TSX index were up 0.10 percent at 7:15 a.m. ET.

Trade balance for April data is due at 8:30 a.m. ET.

Canada's main stock index rose on Thursday to a more than one-week high in a broad rally led by energy and financials, while BlackBerry Ltd jumped after an influential investment firm said the technology company's stock could double.

Dow Jones Industrial Average e-mini futures were up 0.39 percent at 7:15 a.m. ET. S&P 500 e-mini futures were up 0.29 percent and Nasdaq 100 e-mini futures were up 0.34 percent.

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