CANADA STOCKS-Futures plummet as Britain seeks divorce from EU
June 24 (Reuters) - Stock futures pointed to a sharply lower opening for Canada's main stock index on Friday as a decision by Britain to leave the European Union triggered one of the biggest slumps in world stocks on concerns over a broader economic slowdown.
September futures on the S&P TSX index were down 3.25 percent at 7:00 a.m. ET.
Dow Jones Industrial Average e-mini futures were down 3.05 percent at 7:00 a.m. ET, while S&P 500 e-mini futures were down 3.69 percent and Nasdaq 100 e-mini futures were down 3.69 percent.
Canada's benchmark stock index reached a nearly two-week high on Thursday, led by financial and energy stocks after a series of last-minute opinion polls pointed to Britain staying in the bloc.
No major economic events are scheduled for the day.
New rules from Alberta's energy regulator determining which companies are deemed strong enough to buy assets are off the mark in terms of fairness and transparency, Penn West Petroleum Ltd's chief executive said on Thursday. Continued...