CANADA STOCKS-Futures indicate lower start on weak Europe data

Fri Jan 9, 2015 7:32am EST
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Jan 9 (Reuters) - Stock futures pointed to a lower start for Canada's main stock index on Friday as weak data from Europe hurt investor sentiment, setting up shares worldwide for a lower end to the first trading week of the year.

March futures on the S&P TSX index were down 0.49 percent at 7.15 a.m. ET.

Data on building permits and unemployment rate is due at 8.30 a.m. ET

Canada's main stock index rose 1.2 percent on Thursday as positive U.S. data reinforced the U.S. Federal Reserve's confidence in the economy and the energy sector climbed with the price of U.S. crude oil.

Dow Jones Industrial Average e-mini futures were down 0.26 percent at 7.15 a.m. ET, while S&P 500 e-mini futures were down 0.24 percent and Nasdaq 100 e-mini futures were down 0.13 percent. (Morning News Call newsletter; The Day Ahead newsletter


The U.S. Navy added on Thursday CGI Federal Inc and DRS Technologies Inc, a unit of Italy's Finmeccanica SpA, to an umbrella contract valued at up to $2.5 billion to update the electronic networks on its ships.