CANADA STOCKS-Futures indicate TSX to open flat after oil rises
Jan 16 (Reuters) - Stock futures pointed to a flat opening for Canada's main stock index on Friday as commodity markets swings stabilized with oil inching back towards $50 a barrel, gold cooled after strong run and copper settled after a plunge through the week.
March futures on the S&P TSX index were unchanged at 7.15 a.m. ET.
No economy data is due on Friday.
Canada's main stock index fell on Thursday as shares of energy producers dropped with the price of oil, and Bombardier Inc tumbled after the planemaker said it had suspended development of its new Learjet 85 business aircraft.
Dow Jones Industrial Average e-mini futures were down 0.42 percent at 7.15 a.m. ET, while S&P 500 e-mini futures were down 0.43 percent and Nasdaq 100 e-mini futures were down 0.74 percent. (Morning News Call newsletter link.reuters.com/nex49s; The Day Ahead newsletter link.reuters.com/mex49s)
Target Corp's abrupt decision to withdraw from Canada is troubling news for many mall owners, as the most obvious potential buyer of property assets - Wal-Mart Stoeres Inc - is expected to cherry-pick from Target's 133 locations.
Canada has postponed a summit with the leaders of the United States and Mexico, officials said on Thursday, amid persistent tensions over the construction of TransCanada Corp's Keystone XL pipeline and other issues. Continued...