April 9 (Reuters) - - Stock futures pointed to a lower opening for Canada’s main stock index on Thursday.
June futures on the S&P TSX index were down 0.02 percent at 7:15 a.m. ET.
Data on building permits and new housing price Index for February is due at 8:30 a.m. ET
Canada’s main stock index barely managed to extend its rally to five sessions on Wednesday as energy stocks tumbled in line with a pullback in oil prices, although much of the index outside resources recorded gains.
Dow Jones Industrial Average e-mini futures were down 0.08 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were down 0.14 percent and Nasdaq 100 e-mini futures were down 0.15 percent. (Morning News Call newsletter link.reuters.com/nex49s; The Day Ahead newsletter link.reuters.com/mex49s)
Canadian planemaker Bombardier expects its long-delayed CSeries passenger jet to receive certification in 2015, enabling the aircraft to start operating soon afterwards, a company executive said on Thursday.
Canadian insurer Manulife Financial Corp is paying $1.2 billion to Singapore’s DBS Group Holdings Ltd for a 15-year partnership that will allow the insurer to sell products through the lender’s Asian branch network.
Yamana Gold Inc plans to make its Brio Gold unit a publicly listed company in the third quarter to realize the unit’s “considerable value,” the Canadian gold producer said on Wednesday.
COMMODITIES AT 7:15 a.m. ET
Gold futures : $1195.1; fell 0.66 percent
US crude : $51.48; rose 2.1 percent
Brent crude : $56.98; rose 2.57 percent
LME 3-month copper : $6031; rose 0.35 percent
ANALYST RESEARCH HIGHLIGHTS
Cameco Corp : Canaccord Genuity raises to buy from hold
Delphi Energy : National Bank Financial cuts to sector perform from outperform
U.S. ECONOMIC DATA DUE ON THURSDAY
0830 Initial jobless claims: Expected 285,000; Prior 268,000
0830 Jobless claims 4-week average: Prior 285,500
0830 Continued jobless claims: Expected 2.356 mln; Prior 2.325 mln
1000 Wholesale inventories mm for Feb: Expected 0.2 pct; Prior 0.2 pct
1000 Wholesale sales mm for Feb: Expected 0.1 pct; Prior -3.3 pct
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$1= C$1.15 Reporting by Pradip Kakoti in Bengaluru; Editing by Maju Samuel
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