CANADA STOCKS-TSX may open weaker as commodity prices retreat

Fri Jun 18, 2010 8:47am EDT
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June 18 (Reuters) - Toronto's resource-heavy index could open lower on Friday as oil, copper and other commodity prices retreated on demand concerns.

Wall Street is set for a flat start as investors positioned for the expiration of futures and options contracts. [.N]

Canadian stock futures also pointed to a lower open. <0#SXF:>

European shares turned negative, while Asian stocks were mixed as China's key stock index closed lower with its biggest daily drop this month.

Here is some news that could affect stock prices:


Oil prices fell more then $1 per barrel on Friday on signs that economic growth in the world's top two oil consumers may not be as rapid as expected. [O/R]


Copper hit a one week low on Friday as investors overlooked increased risk appetite in the wider markets and remained concerned about demand prospects after weak data from the U.S., the world's largest economy. [MET/L]   Continued...