CANADA STOCKS-Futures point to weak start as metal prices slip

Thu Apr 14, 2016 7:26am EDT
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

April 14 (Reuters) - Stock futures pointed to a lower start for Canada's main stock index on Thursday as gold and copper prices fell ahead of the release of key economic data from China.

June futures on the S&P TSX index were down 0.04 percent at 7:20 a.m. ET.

New housing price index data is due at 8:30 a.m. ET.

China is scheduled to release its gross domestic product and industrial output data for the first quarter on Friday.

Canada's main stock index notched its highest close since November on Wednesday as financial and industrial shares rallied on surprisingly upbeat China trade data and unexpectedly strong earnings from Wall Street bank JP Morgan Chase & Co.

Dow Jones Industrial Average e-mini futures were down 0.08 percent at 7:20 a.m. ET, while S&P 500 e-mini futures were down 0.11 percent and Nasdaq 100 e-mini futures were down 0.12 percent.

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

TOP STORIES   Continued...