CANADA STOCKS-TSX set to fall at open, hurt by weak U.S. data
July 8 (Reuters) - Toronto's resource heavy main stock index looked set to open lower on Friday, as much weaker-than-expected U.S. jobs data slammed investor confidence and sent commodity prices tumbling.
FACTORS TO WATCH
* Canadian equity futures <0#SXF:> pointed to a lower open.
* The Canadian dollar weakened to a session low against the U.S. dollar on Friday after the disappointing U.S. jobs data. [CAD/]
* U.S. stock index futures tumbled on Friday after the U.S. economy added far fewer jobs than expected in June, confounding expectations for more signs of strength in the labor market. [.N]
* European stock markets slipped on Friday after U.S. non-farm payrolls data came in far below expectations, sending investors flocking towards safe haven assets. [.EU]
COMMODITY PRICE MOVES
* The Thomson Reuters-Jefferies CRB index .CRB, a global commodities benchmark, fell 0.51 percent in early trade.
* U.S. and Brent crude futures fell sharply Friday after a disappointing report on June nonfarm payrolls in the United States. [O/R] Continued...