CANADA STOCKS-TSX set to open lower on Yellen comments

Thu Mar 20, 2014 8:39am EDT
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(Updates after U.S. data)

March 20 (Reuters) - Stock futures pointed to a lower opening for Canada's main stock index on Thursday after Federal Reserve Chair Janet Yellen hinted at a potential earlier-than-anticipated increase in interest rates.

June futures on the S&P TSX index <0#SXF:> were down 0.32 percent at 0830 ET.

The index slipped on Wednesday after the Fed stuck with its plan to withdraw its monetary stimulus and dropped a guideline for when interest rates may eventually rise.

Dow Jones industrial average futures were down 0.24 percent at 0830 ET, S&P 500 futures were down 0.26 percent and Nasdaq 100 futures were down 0.20 percent.

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