TSX futures turn slightly higher after jobs data

Fri Apr 4, 2014 9:08am EDT
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(Adds U.S. and Canadian economic data)

April 4 (Reuters) - Positive Canadian jobs data pushed stock index futures higher even as March U.S. payroll numbers came in modestly below expectations.

Canada added 42,900 jobs in March, twice as many as expected, led by gains in part-time work and in the public sector, Statistics Canada data indicated on Friday.

June futures on the S&P TSX index <0#SXF:> were up 0.18 percent at 08:45 ET.

Canada's main stock index fell on Thursday as sluggish U.S. economic data increased investor anxiety ahead of an upcoming jobs report and a drop in bullion hurt gold-mining shares.

Dow Jones Industrial Average futures were up 0.32 percent, S&P 500 futures were up 0.35 percent and Nasdaq 100 futures were up 0.57 percent. (Morning News Call newsletter link.reuters.com/nex49s; The Day Ahead newsletter link.reuters.com/mex49s)


U.S. nonfarm payrolls increased by 192,000 new jobs last month after rising 197,000 in February, the Labor Department said on Friday. Economists polled by Reuters had expected employment to increase 200,000 in March.

Air Canada on Thursday said it expects higher first-quarter earnings before interest, taxes, depreciation, amortization and impairment, and aircraft rent due to system-wide traffic growth and capacity increase.   Continued...