CANADA STOCKS-TSX set to open little changed; firm oil supports

Fri Mar 4, 2011 9:00am EST
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Mar 4 (Reuters) - Toronto's main stock index, which reached a near 3-year high on Thursday, looked set to open little changed on Friday as U.S. jobs data failed to impress some investors, offsetting the impact of higher oil prices on energy stocks.


* Canadian equity futures <0#SXF:> pointed to a slightly lower open.

* U.S. stock index futures pared gains and S&P 500 futures turned negative shortly after a government report showed the U.S. economy created more jobs than expected in February. [.N]

* European shares rose on growing optimism a key jobs report will show the recovery in the United States, the world's largest economy, gathering momentum. [.EU]

* Major markets in Asia rose on bargain hunting, while Indian shares bucked the trend to close down 0.1 percent after rising as much as 1.3 percent earlier, as traders locked in gains.


* The Thomson Reuters-Jefferies CRB index .CRB, a global commodities benchmark, rose 0.53 percent in early trade.

* Crude oil rose on Friday, with Brent above $115 a barrel, as Libyan rebels vowing "victory or death" advanced towards a major oil terminal, and on protests in Saudi Arabia's oil-producing Eastern Province. [O/R]   Continued...