CANADA STOCKS-TSX futures indicate lower open ahead of GDP data

Mon Jun 30, 2014 7:28am EDT
 
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June 30 (Reuters) - Canadian stocks looked set to start the week lower as investors awaited the country's second-quarter growth data.

June futures on the S&P TSX index <0#SXF:> were down 0.15 percent at 0715 ET.

Growth data for April is due at 0830 ET. The economy is expected to grow by 0.2 percent in April, as analysts hope for a pickup in the second quarter after a winter induced slump in the first quarter.

The index rose on Friday as gains in shares of banks and insurers helped overcome concerns about sluggish economic data.

Dow Jones Industrial Average e-mini futures were down 0.2 percent at 0715 ET, while S&P 500 e-mini futures were down 0.17 percent. Nasdaq 100 e-mini futures were down 0.05 percent.

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

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