CANADA STOCKS-Futures point to lower start for TSX

Fri Feb 27, 2015 7:31am EST
 
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Feb 27 (Reuters) - Stock futures pointed to a lower opening for Canada's main stock index on Friday, tracking losses in global markets.

March futures on the S&P TSX index were down 0.19 percent at 7:15 a.m. ET.

No major economic events are scheduled for the day

Canada's main stock index rose slightly on Thursday as advances in Toronto Dominion Bank and Canadian Imperial Bank of Commerce helped offset a drop in the energy sector.

Dow Jones Industrial Average e-mini futures were down 0.08 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were down 0.17 percent and Nasdaq 100 e-mini futures were down 0.1 percent. (Morning News Call newsletter link.reuters.com/nex49s; The Day Ahead newsletter link.reuters.com/mex49s)

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Canadian Imperial Bank of Commerce, the country's No. 5 lender, reported better-than-expected first-quarter earnings on Thursday, helped by strong growth in its wholesale banking business, and unexpectedly raised its dividend.

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