CANADA STOCKS-TSX set to open lower as oil prices slump
Dec 1 (Reuters) - Stock futures pointed to a lower opening for Canada's main stock index on Monday as oil, gold and other metal prices fall and downbeat Chinese and European data weigh on investor sentiment.
December futures on the S&P TSX index were down 0.22 percent at 7:36 a.m. ET.
RBC Canadian Manufacturing Purchasing Managers' index data is due at 9:30 a.m. ET.
Canada's main stock index dropped on Friday as a 10.5 percent fall in the price of U.S. crude dragged down oil and gas shares, while weaker bullion prices sent shares of gold miners tumbling.
Dow Jones Industrial Average e-mini futures were down 0.3 percent at 7:36 a.m. ET, while S&P 500 e-mini futures were down 0.38 percent and Nasdaq 100 e-mini futures were down 0.19 percent. (Morning News Call newsletter link.reuters.com/nex49s; The Day Ahead newsletter link.reuters.com/mex49s)
Canada still should return to a healthy budget surplus in the next fiscal year despite the precipitous slide in oil prices, Finance Minister Joe Oliver said on Sunday.
A Canadian Natural Resources pipeline has leaked about 60,000 liters of crude oil in northern Alberta after a "mechanical failure", the Alberta Energy Regulator said on Sunday.
COMMODITIES AT 7:36 a.m. ET Continued...