CANADA STOCKS-Futures dip on worries over U.S. economy's resilience

Mon Oct 17, 2016 7:43am EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

Oct. 17 (Reuters) - Canadian stock futures were lower on Monday after comments from U.S. Federal Reserve Chair Janet Yellen about the health of the economy unnerved investors.

Yellen, in a speech at a conference of policymakers and academics on Friday, laid out the deepening concern at the central bank that U.S. economic potential is slipping and may need aggressive steps to rebuild.

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

Canadian securities data is due at 8:30 a.m. ET

Canada's main stock index fell on Friday as a stronger U.S. dollar pressured gold prices and energy companies scrambled to protect pipelines.

Dow Jones Industrial Average e-mini futures were down 0.15 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 0.26 percent.

(Morning News Call newsletter ; The Day Ahead newsletter