CANADA STOCKS-Futures slightly higher; jobs report in focus

Fri May 5, 2017 7:31am EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

May 5 (Reuters) - Canada's main stock index futures were slightly higher on Friday as investors awaited the monthly jobs report.

Statistics Canada's jobs report is expected to show that the economy added 10,000 jobs in April, while the unemployment rate is forecast to hold steady at 6.7 percent. This data, along with the IVEY Purchasing Managers Index, is due at 8:30 a.m. ET .

June futures on the S&P TSX index were up 0.02 percent at 7:15 a.m. ET.

The Toronto Stock Exchange's S&P/TSX composite index fell almost 1 percent on Thursday as the country's heavyweight energy and mining sectors lost ground amid a drop in commodity prices and as investors digested a string of corporate earnings.

Dow Jones Industrial Average e-mini futures were down 0.04 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were up 0.06 percent and Nasdaq 100 e-mini futures were up 0.05 percent.

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


Air Canada reported a quarterly loss that was much smaller than expected, as it flew more passengers, offseting a sharp rise in fuel costs.   Continued...