CANADA STOCKS-TSX set to open lower as jobs data disappoints

Fri May 9, 2014 8:47am EDT
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(Updates Canadian jobs data)

May 9 (Reuters) - Canadian stocks looked set to open lower on Friday following disappointing jobs data, with June futures on the S&P TSX index <0#SXF:> down 0.07 percent at 0845 ET.

Canada's economy lost 28,900 jobs in April, Statistics Canada said in a report that revealed across-the-board weakness, confirming the labor market is stalled and adding jobs at a more sluggish pace than in the United States.

The index dropped on Thursday as investors took profits in energy stocks after a strong run-up.

Dow Jones Industrial Average futures were down 0.21 percent at 0845 ET, while S&P 500 futures were down 0.18 percent and Nasdaq 100 futures were down 0.41 percent.

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