CANADA STOCKS-Futures rise after strong U.S. jobs data

Fri Jul 8, 2016 9:04am EDT
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(Adds jobs data)

July 8 (Reuters) - Canada's stock futures extended gains on Friday after stronger-than-expected U.S. payrolls data suggested that the world's largest economy had regained pace after a brief lull.

Nonfarm payrolls increased by 287,000 last month, the largest gain since October, the U.S. Labor Department said on Friday. May's payroll count was revised down to 11,000 from the previously reported 38,000.

In a separate report, Statistics Canada said the economy unexpectedly lost 700 jobs in June, but the unemployment rate dipped to an 11-month low of 6.8 percent as the number of people seeking work fell.

September futures on the S&P TSX index were up 0.70 percent at 8:45 a.m. ET.

The Toronto Stock Exchange's S&P/TSX composite index fell on Thursday as gold miners retreated following their sharp rally since Britain's vote to leave the European Union and as a reversal in oil prices weighed on energy companies.

Dow Jones Industrial Average e-mini futures were up 0.67 percent at 8:45 a.m. ET, while S&P 500 e-mini futures were up 0.75 percent and Nasdaq 100 e-mini futures were up 0.56 percent.

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