CANADA STOCKS-Futures point to lower start as oil prices weaken

Fri Aug 12, 2016 7:33am EDT
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Aug 12 (Reuters) - Futures pointed to a lower start for Canada's main stock index on Friday as oil prices weakened after data showed that China's economic activity slowed in July.

Data showed that China's investment grew at its slowest pace in more than 16 years in the first seven months of the year as the world's second-largest economy grappled with the painful restructuring of its older industrial sectors.

September futures on the S&P TSX index were down 0.06 percent at 7:15 a.m. ET.

Canada's main stock index rose on Thursday as energy stocks gained from a bounce in oil prices, while drugmaker Valeant Pharmaceuticals International Inc slumped on a report it is the target of a criminal probe.

No major economic data is due on Friday.

Dow Jones Industrial Average e-mini futures were up 0.02 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were up 0.01 percent and Nasdaq 100 e-mini futures were up 0.01 percent.

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