CANADA STOCKS-Lower oil prices drag futures lower
May 3 (Reuters) - Stock futures pointed to a lower opening for Canada's main stock index on Tuesday following a slide in oil prices as rising output from the Middle East and Northern Sea renewed concerns about global supply glut.
June futures on the S&P TSX index were down 1 percent at 7:15 a.m. ET.
Canada's main stock index fell on Monday as lower oil prices weighed on energy stocks, offsetting a jump in shares of Manitoba Telecom Services Inc on news of the company's acquisition by BCE Inc.
Dow Jones Industrial Average e-mini futures were down 0.65 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were down 0.69 percent and Nasdaq 100 e-mini futures were down 0.7 percent.
No major Canadian economic releases are scheduled for the day.
Oil and gas producer Encana Corp posted a bigger-than-expected quarterly loss due to lower production amid a steep fall in oil prices. Continued...