CANADA STOCKS-TSX futures drop as oil prices retreat

Wed Nov 16, 2016 7:30am EST
 
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Nov 16 (Reuters) - Canada stock futures fell on Wednesday, along with oil prices as industry data showed an unexpected build in U.S. crude stocks in the previous week.

December futures on the S&P TSX index were down 0.36 percent at 7:15 a.m. ET.

Crude oil prices dropped more than 1 percent, returning some of the gains made in one of the year's biggest rallies a day earlier.

That had helped Canada's main stock index notch its biggest gain since September on Tuesday.

Dow Jones Industrial Average e-mini futures were down 0.25 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were down 0.34 percent and Nasdaq 100 e-mini futures were down 0.35 percent.

Canadian manufacturing sales slipped 0.1 percent in September after increasing 0.9 percent in August, a report due at 8:30 a.m. ET is expected to show.

(Morning News Call newsletter link.reuters.com/nex49s ; The Day Ahead newsletter link.reuters.com/mex49s)

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