CANADA STOCKS-Futures fall as oil prices remain under pressure

Tue Aug 2, 2016 7:48am EDT
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Aug 2 (Reuters) - Stock futures pointed to a lower start for Canada's main stock index on Tuesday as investors remained concerned about oil prices in the face of weak demand outlook.

Oil prices edged higher after falling by up to 10 percent in just one week. WTI Crude was trading at $40.55, after briefly dipping below $40.

September futures on the S&P TSX index were down 0.33 percent at 7:30 a.m. ET.

RBC Canadian manufacturing PMI data is due at 9:30 a.m. ET.

Canada's main stock index rose on Friday as its large energy sector recouped some losses from earlier in the week with oil prices steadying, and miners gained with gold trading at a three-week high.

Dow Jones Industrial Average e-mini futures were down 0.19 percent at 7:30 a.m. ET, while S&P 500 e-mini futures were down 0.28 percent and Nasdaq 100 e-mini futures were down 0.22 percent.

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