CANADA STOCKS-TSX futures trade lower; corporate earnings in focus

Wed May 3, 2017 7:32am EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

May 3 (Reuters) - Stock futures pointed to a lower opening for Canada's main stock index on Wednesday as investors digested quarterly results from a slew of major companies including Loblaw, CGI and Torstar.

June futures on the S&P TSX index were down 0.17 percent at 7:15 a.m. ET.

Canada's main stock index rose on Tuesday, helped by gains for several companies whose results exceeded expectations, including e-commerce company Shopify, and by gains for pipeline companies.

Dow Jones Industrial Average e-mini futures were down 0.09 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were down 0.16 percent and Nasdaq 100 e-mini futures were down 0.28 percent.

No major economic releases are scheduled in Canada.

(Morning News Call newsletter here ; The Day Ahead newsletter here)


Canadian grocery and pharmacy retailer Loblaw Cos Ltd reported a higher-than-expected quarterly profit as the company kept a tight lid on expenses and attracted more customers to its stores with discounts.   Continued...