CANADA STOCKS-Futures point to a lower start; focus on Fed statement
Oct 29 - Stock futures pointed to a lower opening for Canada's main stock index on Wednesday as investors await guidance from the U.S. Federal Reserve when it wraps up a two-day policy meeting later in the day.
December futures on the S&P TSX index were down 0.05 percent at 7.15 a.m. ET.
Producer prices data is due at 8.30 a.m. ET.
The Toronto Stock Exchange's S&P/TSX composite index rose more than 1 percent on Tuesday, with higher crude and other commodity prices helping boost energy and mining companies as investors returned to buying after a sharp sell-off in recent weeks.
Dow Jones Industrial Average e-mini futures were down 0.05 percent at 7.15 a.m. ET, while S&P 500 e-mini futures were down 0.18 percent and Nasdaq 100 e-mini futures were down 0.25 percent.
Miner Teck Resources Ltd reported a 68.5 percent drop in quarterly earnings, hurt by lower prices for steelmaking coal and a fall in copper production. Continued...