CANADA STOCKS-Futures pare gains after weak inflation data

Fri May 22, 2015 9:00am EDT
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(Adds inflation, retail sales data)

May 22 (Reuters) - Stock futures pared gains and indicated a slightly higher start for Canada's main stock index on Friday after weaker-than-expected inflation data.

Canada's annual inflation rate cooled to 0.8 percent in April, making for the smallest increase since October 2013, due to cheaper energy, data from Statistics Canada showed.

Canadian retail sales rose 0.7 percent in March, climbing for the second month in a row as consumers spent more on cars, food and alcohol, according to data from Statistics Canada.

June futures on the S&P TSX index were up 0.09 percent at 8:45 a.m. ET.

The Toronto Stock Exchange's S&P/TSX composite index rebounded on Thursday as financial and energy stocks, bolstered by a rally in oil prices, pushed the TSX to its best performance in more than a week.

Dow Jones Industrial Average e-mini futures were down 0.09 percent at 8:45 a.m. ET, while S&P 500 e-mini futures were down 0.14 percent and Nasdaq 100 e-mini futures were down 0.02 percent.

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