CANADA STOCKS-Oil prices weigh down futures

Fri May 13, 2016 7:38am EDT
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May 13 (Reuters) - Stock futures pointed to a lower opening for Canada's main stock index on Friday as a strengthening U.S. dollar ended a three-day bull run in oil.

June futures on the S&P TSX index were down 0.25 percent at 7:15 a.m. ET.

Canada's main stock index ended flat on Thursday, with lower commodity prices weighing on miners, offsetting gains for most major banks and some energy companies trying to restart production after a raging wildfire.

Dow Jones Industrial Average e-mini futures were down 0.32 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were down 0.27 percent and Nasdaq 100 e-mini futures were down 0.28 percent.

No major Canadian economic releases are scheduled for the day.

(Morning News Call newsletter; The Day Ahead newsletter


Canadian Prime Minister Justin Trudeau will on Friday see the devastation caused by a wildfire that tore through the Alberta town of Fort McMurray and forced several oil sands operations to shut down.   Continued...