CANADA STOCKS-TSX set for lower start ahead of Fed meeting
March 17 (Reuters) - Stock futures pointed to a lower start for Canada's main stock index on Tuesday ahead of the U.S. Federal Reserve's two-day meeting that begins later in the day.
March futures on the S&P TSX index were down 0.14 percent at 7:15 a.m. ET.
Manufacturing sales data for January is due at 8:30 a.m. ET
Canada's main stock index rose on Monday as most major sectors benefited from bullishness ahead of the Fed policy meeting. A gain in Valeant Pharmaceuticals International Inc's shares provided further support and helped overcome a fall in oil and gas shares spurred by lower crude prices.
Dow Jones Industrial Average e-mini futures were down 0.32 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were down 0.34 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)
A new privately held Malaysian airline intends to buy 20 CS100 aircraft from Bombardier Inc for $1.5 billion, in what could be the Canadian planemaker's first order in Southeast Asia for its long-delayed CSeries passenger jet program.