CANADA STOCKS-TSX indicate lower open, Ukraine crisis and China data weigh

Mon May 5, 2014 7:14am EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

May 5 (Reuters) - Canadian stocks looked set to open lower on Monday with soft Chinese manufacturing data and simmering tensions in Ukraine weighing on investor sentiment.

June futures on the S&P TSX index <0#SXF:> were down 0.12 percent at 0715 ET.

The index climbed to its highest in almost six years on Friday after higher commodity prices drove strong advances in natural resource shares, offsetting mixed U.S. jobs data.

Dow Jones Industrial Average futures were down 0.43 percent at 0715 ET while, S&P 500 futures were down 0.43 percent and Nasdaq 100 futures were down 0.38 percent. (Morning News Call newsletter; The Day Ahead newsletter


Michigan state prosecutors plan to call a former Encana Corp executive to testify on behalf of the state, at a multi-day hearing in their criminal antitrust case against oil and gas companies Chesapeake Energy Corp and Encana Corp that begins Monday.

Regulators on Friday gave Augusta Resources Corp more time to find a white knight, ruling that the miner's shareholder rights plan could stay in place until at least July 15 despite a challenge by hostile bidder Hudbay Minerals Inc .


Gold futures : $1,308.5; +0.45 pct   Continued...