CANADA STOCKS-TSX set to open lower after weak U.S. jobs data
Jan 7 (Reuters) - Toronto's main stock index looked set to open lower on Friday after a weaker-than-expected U.S. employment report hurt investor sentiment and commodity prices, offsetting positive Canadian jobs data.
FACTORS TO WATCH
* Canadian equity futures <0#SXF:> pointed to a softer open.
* U.S. stock index futures turned negative on Friday after government data showed the economy created far fewer jobs than expected in December. [.N]
* The Canadian dollar firmed to a session high against the greenback after domestic December employment data beat expectations. [CAD/]
* Japan's Nikkei average edged up to a fresh eight-month closing peak while a drop in commodity prices was offset by a strong performance in Chinese equities.
COMMODITY PRICE MOVES
* The Thomson Reuters-Jefferies CRB index .CRB, a global commodities benchmark, fell 0.14 percent in early trade.
* U.S. crude oil futures held gains after the U.S. jobs data. [O/R] Continued...