CANADA STOCKS-TSX set to open lower as Ukraine crisis intensifies
April 25 - Stock futures indicated a lower opening for Canada's main stock index on Friday as escalating tensions in Ukraine sapped appetite for risk.
June futures on the S&P TSX index <0#SXF:> were down 0.22 percent at 0715 ET.
No major Canadian economic events are scheduled.
The Toronto Stock Exchange's S&P/TSX composite index rose slightly on Thursday, helped by a gain in shares of Potash Corp after the company's results beat low expectations and by small increases in heavyweight banking stocks.
Dow Jones Industrial Average futures were down 0.20 percent at 0715 ET, while S&P 500 futures were down 0.28 percent and Nasdaq 100 futures were down 0.37 percent.
Bank of Canada Governor Stephen Poloz is more hopeful than before about an export recovery but is not straying from his mantra that an interest rate cut is just as possible as a hike because the economic outlook is so uncertain. Continued...