CANADA STOCKS-Futures point to a lower start

Thu Feb 2, 2017 7:38am EST
 
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Feb 2 (Reuters) - Stock futures indicated a lower start for Canada's main stock index on Thursday, a day after the U.S. Federal Reserve gave no firm signal on the timing of its next rate move.

The Fed left interest rates unchanged on Wednesday but gave no firm signal of a hike in March, as it awaits more clarity on President Donald Trump's fiscal policies, adding another layer to the uncertainty triggered by his recent comments and decisions.

March futures on the S&P TSX index were down 0.08 percent at 7:25 a.m. ET.

The Toronto Stock Exchange's S&P/TSX composite index eked out a small gain on Wednesday as miners and energy stocks rose with higher prices for oil and some base metals, while nuclear producer Cameco Corp sank on news of a scrapped contract.

No major Canadian economic releases are scheduled.

Dow Jones Industrial Average e-mini futures were down 0.26 percent at 7:25 a.m. ET, while S&P 500 e-mini futures were down 0.26 percent and Nasdaq 100 e-mini futures were down 0.32 percent.

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