CANADA STOCKS-TSX set to open lower as Ukraine crisis weighs

Wed Aug 6, 2014 8:59am EDT
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(Adds U.S. and Canadian economic data)

Aug 6 (Reuters) - Stock futures pointed to a lower opening for Canada's main stock index on Wednesday on worries of an escalation of the conflict in Ukraine.

September futures on the S&P TSX index <0#SXF:> were down 0.06 percent at 0845 ET.

Canada's trade surplus soared unexpectedly to a 2-1/2 year high of C$1.86 billion in June, boosted by record exports and falling imports, Statistics Canada data indicated.

Meanwhile, the U.S. trade deficit narrowed more than expected in June as petroleum imports dropped to a 3-1/2 year low, suggesting that trade was less of a drag on second-quarter economic growth than initially thought.

The TSX index declined on Tuesday as sluggish economic data from China and renewed geopolitical tensions in Ukraine weighed on the market.

Dow Jones Industrial Average e-mini futures were down 0.26 percent at 0845 ET, while S&P 500 e-mini futures were down 0.25 percent. Nasdaq 100 e-mini futures were down 0.44 percent.

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