CANADA STOCKS-TSX futures turn lower after U.S. data

Thu Mar 27, 2014 9:09am EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

(Updates after release of U.S. economic data)

March 27 (Reuters) - Canadian stock index futures turned lower on Thursday after data showed U.S. initial jobless claims fell to their lowest level in nearly four months and fourth-quarter U.S. economic growth was a bit faster than previously estimated.

June futures on the S&P TSX index <0#SXF:> were down 0.05 percent at 0900 ET after being up 0.05 percent just before the release of the data at 0830 ET.

Stocks closed lower on Wednesday after President Barack Obama said Russian President Vladimir Putin had miscalculated if he thought he could divide the West or count on its indifference over his annexation of Crimea.

Dow Jones industrial average futures were down 0.14 percent, S&P 500 futures were down 0.07 percent and Nasdaq 100 futures were down 0.01 percent at 0900 ET.

(Morning News Call newsletter; The Day Ahead newsletter


Lululemon Athletica Inc forecast lower-than-expected first-quarter results, the latest setback for the yogawear retailer hit last year by ad product recall.

Negotiators reached a deal to end the month-long container truck strike in Vancouver that had slowed the transport of hundreds of millions of dollars worth of goods.   Continued...