CANADA STOCKS-TSX set to open slightly lower

Tue Dec 31, 2013 8:18am EST
 
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Dec 31 (Reuters) - Canada's main stock index looked set to open flat to slightly lower on Tuesday even as investor optimism for 2014 driven by ultra-easy monetary policies and an improving global economic outlook pushed global markets higher.

TOP STORIES

* Dallas Federal Reserve Bank President Richard Fisher said his votes on the central bank's policy panel in 2014 will reflect his concern that the Fed's bond-buying risks stoking inflation and exposing the institution politically.

* Warren Buffett's Berkshire Hathaway Inc struck a deal to buy a Phillips 66 business that makes chemicals to improve the flow potential of pipelines for around $1.4 billion of stock.

* China has approved five firms to list on mainland stock exchanges, ending a year-long freeze on initial public offerings as authorities look to reboot a reformed market in 2014.

MARKET SNAPSHOT

* Canada stock futures traded down 0.15 percent   Continued...