CANADA STOCKS-TSX may open lower on Ukraine concerns

Mon Apr 14, 2014 7:33am EDT
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April 14 (Reuters) - Canadian stocks were set for a lower opening on Monday as growing fears of a military conflict in Ukraine and last week's heavy sell-off on Wall Street prompt investors to shun riskier assets.

June futures on the S&P TSX index <0#SXF:>, Canada's main stock index, were down 0.02 percent at 0715 ET.

The index dropped on Friday to its lowest in two weeks after a prolonged slump in the U.S. technology and biotechnology sectors weighed on the appetite for equities and pulled down shares in most major groups.

Dow Jones Industrial Average futures were down 0.18 percent, S&P 500 futures were up 0.02 percent and Nasdaq 100 futures were down 0.04 percent at 0715 ET.

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Residents of the British Columbia town of Kitimat voted against the Northern Gateway pipeline project in a blow to Enbridge Inc's efforts to expedite the flow of crude from Canada's landlocked oil sands to high-paying markets in Asia.

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