CANADA STOCKS-TSX looks set to open little changed

Thu May 8, 2014 7:27am EDT
 
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May 8(Reuters) - Canadian stocks looked set to open little changed on Thursday, underpinned by upbeat Chinese trade data and dovish comments by Fed Chair Janet Yellen.

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

Housing starts data is due at 0815 ET and the new housing price index at 0830 ET.

The index advanced on Wednesday as market-supportive comments from Yellen helped to fuel gains in energy and financial shares.

Dow Jones Industrial Average futures were up 0.16 percent at 0715 ET while S&P 500 futures were up 0.06 percent and Nasdaq 100 futures were down 0.01 percent.

China's exports and imports returned to slight growth in April as orders to the United States and European Union surged.

(Morning News Call newsletter link.reuters.com/nex49s; The Day Ahead newsletter link.reuters.com/mex49s)

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