CANADA STOCKS-Oil prices drag futures lower

Mon Feb 8, 2016 7:27am EST
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

Feb 8 (Reuters) - Canada's main stock index looked set to start lower on Monday as crude oil prices slipped after a meeting between Saudi Arabia and Venezuela provided little indication of an agreement between oil producers to curb supply.

March futures on the S&P TSX index were down 0.75 percent at 7:15 a.m. ET.

Building permits data is due at 8:30 a.m. ET.

The Toronto Stock Exchange's S&P/TSX composite index dipped on Friday as a selloff in U.S. technology stocks spilled over to Canada's technology sector, but defensive names such as gold stocks helped cushion losses.

Dow Jones Industrial Average e-mini futures were down 1.19 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were down 1.24 percent and Nasdaq 100 e-mini futures were down 2 percent.

(Morning News Call newsletter; The Day Ahead newsletter


Daily spot trading volumes on currency trading platforms run by Thomson Reuters rebounded sharply in January from the previous month, according to figures published by the company late on Friday.   Continued...