CANADA STOCKS-Futures indicate higher open, employment data awaited
June 6 (Reuters) - Canadian stocks looked set to open higher on Friday as investors awaited monthly U.S. and Canadian employment reports.
June futures on the S&P TSX index <0#SXF:> were up 0.09 percent at 0715 ET.
Statistics Canada's employment data for May is expected to show that employers added 25,000 jobs after a surprise loss of 28,900 jobs in April. The data is due at 0830 ET.
U.S. employers are expected to have maintained a solid pace of hiring in May, returning employment to its pre-recession level. The U.S. data is also due at 0830 ET.
The TSX index was little changed on Thursday as a drop in energy and bank shares offset a jump in the gold-mining sector. Gold prices rose after the European Central Bank cut rates to record lows
Dow Jones Industrial Average e-mini futures were up 0.17 percent at 0715 ET, while S&P 500 e-mini futures were up 0.09 percent and Nasdaq 100 e-mini futures were up 0.11 percent.
Canada is set to buy 65 Lockheed Martin F-35 Joint Strike Fighter jets, sources familiar with the process said, marking a major renewal of Canada's fighter fleet and helping contain costs of the expensive defense program. Continued...