CANADA STOCKS-TSX to fall at open as oil remains under pressure

Mon Jan 19, 2015 8:31am EST
 
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Jan 19 (Reuters) - Stock futures pointed to a lower opening for Canada's main stock index on Monday as oil prices fell below $50 after Iraq announced record oil production and the global economic outlook darkened.

March futures on the S&P TSX index were down 0.65 percent at 7.15 a.m. ET.

Securities Cdns data for November due at 8:30 a.m. ET

Canada's main stock index rose nearly 2 percent on Friday as shares of oil and mining companies soared on the back of rebounding commodity prices.

Dow Jones Industrial Average e-mini futures were down 0.31 percent at 7.15 a.m. ET, while S&P 500 e-mini futures were down 0.30 percent and Nasdaq 100 e-mini futures were down 0.25 percent. (Morning News Call newsletter link.reuters.com/nex49s; The Day Ahead newsletter link.reuters.com/mex49s)

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