CANADA STOCKS-TSX set to open lower as oil rally fades

Tue Feb 23, 2016 7:34am EST
 
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Feb 23 (Reuters) - Stock futures pointed to a lower opening for Canada's main stock index on Tuesday as a rally in oil prices fizzled over doubts a potential production freeze will have any impact on a supply glut.

March futures on the S&P TSX index were down 0.2 percent at 7:15 a.m. ET.

Canadian stocks rose on Monday as energy shares rallied on a jump in oil prices, although gains were pared as the healthcare sector slumped and bank stocks reversed course ahead of quarterly earnings this week.

Dow Jones Industrial Average e-mini futures were up 0.02 percent at 7:15 a.m. ET. S&P 500 e-mini futures were down 0.06 percent and Nasdaq 100 e-mini futures were down 0.19 percent.

No major Canadian economic releases are scheduled for the day.

(Morning News Call newsletter link.reuters.com/nex49s; The Day Ahead newsletter link.reuters.com/mex49s)

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