CANADA STOCKS-Futures lower as oil prices retreat

Wed Mar 2, 2016 7:24am EST
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March 2 (Reuters) - Canada's main stock index was poised to open lower on Wednesday, after four days of gains, as oil prices slipped after a U.S. industry report showed crude stockpiles rose to a record.

Global benchmark Brent crude was down 1.09 percent at $36.43 per barrel, after hitting a near two-month high of $37.25 on Tuesday. U.S. crude, also known as WTI, was down 1.98 percent at $33.72.

March futures on the S&P TSX index were down 0.31 percent at 7:15 a.m. ET.

Canada's benchmark stock index rose on Tuesday, led by financial shares after Scotiabank reported a rise in quarterly profit, while data showed the economy grew more than expected in the fourth quarter.

Dow Jones Industrial Average e-mini futures were down 0.26 percent at 7:15 a.m. ET. S&P 500 e-mini futures were down 0.28 percent and Nasdaq 100 e-mini futures were down 0.19 percent.

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