CANADA STOCKS-Futures lower a day after TSX closed at over 2-year high

Thu Jan 5, 2017 7:59am EST
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Jan 5 (Reuters) - Canadian stock futures pointed to a lower opening for the main stock index on Thursday, a day after the Toronto Stock Exchange posted its highest close since September 2014.

March futures on the S&P TSX index were down 0.08 percent at 7:15 a.m. ET.

November producer prices data is due at 8:30 a.m. ET

Canada's main stock index rose on Wednesday as investors bet that the rally in oil prices will lead to better growth in corporate earnings.

Dow Jones Industrial Average e-mini futures were down 0.05 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were down 0.12 percent and Nasdaq 100 e-mini futures were down 0.16 percent.

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Canadian oil and gas producer Penn West Petroleum Ltd raised its 2017 capital budget to C$180 million from C$150 million, and said it expected a 15 percent increase in production from core areas.   Continued...