June 24 (Reuters) - Stock futures pointed to a sharply lower opening for Canada’s main stock index on Friday as a decision by Britain to leave the European Union triggered one of the biggest slumps in world stocks on concerns over a broader economic slowdown.
September futures on the S&P TSX index were down 3.25 percent at 7:00 a.m. ET.
Dow Jones Industrial Average e-mini futures were down 3.05 percent at 7:00 a.m. ET, while S&P 500 e-mini futures were down 3.69 percent and Nasdaq 100 e-mini futures were down 3.69 percent.
Canada’s benchmark stock index reached a nearly two-week high on Thursday, led by financial and energy stocks after a series of last-minute opinion polls pointed to Britain staying in the bloc.
No major economic events are scheduled for the day.
New rules from Alberta’s energy regulator determining which companies are deemed strong enough to buy assets are off the mark in terms of fairness and transparency, Penn West Petroleum Ltd’s chief executive said on Thursday.
COMMODITIES AT 7:00 a.m. ET
Gold futures : $1,327.20; +5.23 pct
US crude : $47.75; -4.69 pct
Brent crude : $48.44; -4.91 pct
LME 3-month copper : $4,678.00; -2.13 pct
Blackberry Ltd : RBC cuts price target to $7 from $8
0830 Durable goods for May: Expected -0.5 pct; Prior 3.4 pct
0830 Durables ex-transport for May: Expected 0.0 pct; Prior 0.5 pct
0830 Durables ex-defense mm for May: Prior 3.8 pct
0830 Nondefense cap ex-air for May: Expected 0.3 pct; Prior -0.6 pct
1000 U Mich Sentiment Final for Jun: Expected 94; Prior 94.3
1000 U Mich Conditions Final for Jun: Expected 111.4; Prior 111.7
1000 U Mich Expectations Final for Jun: Expected 83.1; Prior 83.2
1000 U Mich 1 year inflation final for Jun: Prior 2.4 pct
1000 U Mich 5-year inflation final for Jun: Prior 2.3 pct
1030 ECRI Weekly Index: Prior 136.5
1030 ECRI weekly annualized: Prior 7.1 pct
TSX market report
Canadian dollar and bonds report
Reuters global stocks poll for Canada
Canadian markets directory ($1= C$1.30) (Reporting by Riniki Sanyal in Bengaluru; Editing by Don Sebastian)