CANADA STOCKS-Futures indicate lower open ahead of GDP data
July 31 (Reuters) - Canadian stocks looked set to open lower on Thursday as investors awaited the country's GDP data for May.
September futures on the S&P TSX index <0#SXF:> were down 0.18 percent at 0715 ET.
GDP numbers are due at 0830 ET. The economy is expected to grow by 0.3 percent in May, after it came in lower than expected at 0.1 percent in April.
The TSX index closed at a record high on Wednesday, boosted by positive U.S. economic data and the Federal Reserve's commentary on the outlook for monetary policy.
Dow Jones Industrial Average e-mini futures were down 0.49 percent at 0715 ET, while S&P 500 e-mini futures were down 0.56 percent. Nasdaq 100 e-mini futures were down 0.60 percent.
Canada's Valeant Pharmaceuticals International Inc, which is trying to take over Botox-maker Allergan Inc, said net income rose nearly 12-fold, boosted by strong sales at its Bausch & Lomb lens business.
China's foreign ministry accused Canada of making irresponsible accusations lacking any credible evidence after Canada singled out Chinese hackers for attacking a key computer network and lodged a protest with Beijing. Continued...