CANADA STOCKS-Futures lower on uncertainty over Trump's policies

Tue Jan 31, 2017 7:40am EST
 
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Jan 31 (Reuters) - Stock futures indicated a lower start for Canada's main stock index on Tuesday as investors worried about President Donald Trump's controversial and protectionist policies.

March futures on the S&P TSX index were down 0.03 percent at 7:15 a.m. ET.

Data on monthly gross domestic product and producer prices is due at 8:30 a.m. ET.

Canadian economy is expected to have picked up by 0.3 percent in November, compared with the previous month's decline. Investors will incorporate the figures into their forecasts for fourth-quarter growth, which is expected to have slowed after a strong rebound in the third quarter.

The Toronto Stock Exchange's S&P/TSX composite index fell more than 1 percent to a nearly two-week low on Monday, with losses broad based after a travel curb ordered by U.S. President Donald Trump triggered a rethink by investors of U.S. political risk.

Dow Jones Industrial Average e-mini futures were down 0.14 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were down 0.11 percent and Nasdaq 100 e-mini futures were down 0.12 percent.

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