CANADA STOCKS-Futures down as oil prices fall to near 3-month lows
July 26 (Reuters) - Stock futures pointed to a lower start for Canada's main stock index on Tuesday as oil prices fell to their lowest level in nearly three months.
Oil hit its lowest since May, falling towards $44 per barrel, pressured by concerns that a long-awaited rebalancing of the market would be delayed due to excess supply.
September futures on the S&P TSX index were down 0.11 percent at 7:30 a.m. ET.
Canada's benchmark stock index lost ground on Monday, weighed by energy stocks that retreated with oil and to a lesser extent by gold miners hurt by lower prices for bullion.
No major Canadian data is scheduled for release on Tuesday.
Dow Jones Industrial Average e-mini futures were up 0.01 percent at 7:30 a.m. ET, while S&P 500 e-mini futures were down 0.07 percent and Nasdaq 100 e-mini futures were up 0.05 percent.
TOP STORIES Continued...