CANADA STOCKS-TSX set for lower start ahead of Fed meeting

Tue Mar 17, 2015 7:35am EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

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; The Day Ahead newsletter


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.