CANADA STOCKS-TSX set to open lower, crude prices slip

Fri Mar 13, 2015 7:32am EDT
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March 13 (Reuters) - Stock futures pointed to a lower opening for Canada's main stock index on Friday, with Brent crude oil's decline likely to weigh on energy companies.

March futures on the S&P TSX index were down 0.15 percent at 7:15 a.m. ET.

February employment change and unemployment rate data due at 8:30 a.m. ET

Canada's main stock index ended higher on Thursday, as a rise in copper prices supported shares of some mining companies, offsetting a decline in the energy sector.

Dow Jones Industrial Average e-mini futures were up 0.15 percent at 7:15 a.m. ET, S&P 500 e-mini futures were up 0.17 percent and Nasdaq 100 e-mini futures were up 0.2 percent.

Brent crude oil fell below $57 a barrel on Friday after the International Energy Agency said a global oil glut was building and U.S. oil production showed no signs of slowing. (Morning News Call newsletter; The Day Ahead newsletter


Canadian Pacific Railway Ltd and Canadian National Railway Co have such huge market power that they cannot be allowed to dictate how Canada's grain shipment backlog is cleared, Prime Minister Stephen Harper said on Thursday.

Canada's federal budget will show a deficit of just over C$2 billion in the current fiscal year and will be balanced in the year starting April 1, Prime Minister Stephen Harper said on Thursday.   Continued...