CANADA STOCKS-Futures indicate lower open ahead of GDP data

Thu Jul 31, 2014 7:34am EDT
 
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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.

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

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