CANADA STOCKS-Futures lower as oil prices retreat
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.
A U.S. regulatory probe of Valeant Pharmaceuticals International Inc is focused on the drugmaker's relationship with specialty pharmacy Philidor RX Services and was triggered by Valeant's own request that regulators investigate a short seller's allegations, people familiar with the matter said. Continued...