CANADA STOCKS-Futures pull back after Fed-led rally

Fri Sep 23, 2016 7:45am EDT
 
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Sept 23 (Reuters) - Stock futures pointed to a lower opening for Canada's main stock index on Friday following strong sessions after the U.S. Federal Reserve's decision to push back on its next rate increase.

December futures on the S&P TSX index were down 0.04 percent at 7:10 a.m. ET.

Canada's inflation and retail sales data are due at 8:30 a.m. ET.

The country's annual inflation rate is expected to have risen to 1.4 percent in August.

Retail sales likely rose 0.1 percent in July.

Shares of energy and financial companies led a broad rally on Canada's main stock index on Thursday as oil prices rose and investors digested the Fed's more cautious approach to future rate hikes.

Dow Jones Industrial Average e-mini futures were down 0.09 percent at 7:15 a.m. ET. S&P 500 e-mini futures fell 0.14 percent and Nasdaq 100 e-mini futures inched lower 0.13 percent.

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

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