CANADA STOCKS-TSX could open mixed on oil rise, weak jobs data

Fri Apr 9, 2010 8:48am EDT
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TORONTO, April 9 (Reuters) - Toronto's main stock index could open mixed on Friday as a rise in commodity prices is offset by weaker-than-expected Canadian jobs data.

The index could also receive support from the U.S. equity market. U.S. stock futures rose as shares of natural resource companies were poised to outperform as the U.S. dollar retreated, sending crude oil and other commodities higher. [.N]

Toronto's main stock index ended slightly higher on Thursday, rebounding from steep losses early in the session as oil prices climbed back from lows and optimism grew about the global recovery.

Here is some news that could affect stock prices:


Oil rose to near 18-month highs after a record 9.1 percent rise in U.S. retail sales boosted optimism about economic recovery prospects and lifted expectations for sustained energy demand growth in the number 1 energy consumer. [O/R]


Gold rose to three-month highs as concern over the fiscal outlook for peripheral euro zone economies boosted safe haven flows into the precious metal, with a rebound in the euro also lifting prices. [GOL/]

CANADA JOBS DATA   Continued...