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CANADA STOCKS-Futures lower as oil prices slip

Published 2017-01-16, 07:43 a/m
Updated 2017-01-16, 07:50 a/m
CANADA STOCKS-Futures lower as oil prices slip

Jan 16 (Reuters) - Stock futures pointed to a lower opening for Canada's main stock index on Monday as oil prices slipped, pressured by doubts that large oil producers will reduce production.

March futures on the S&P TSX index SXFc1 were down 0.33 percent at 7:15 a.m. ET (1215 GMT).

Canada's main stock index .GSPTSE rose on Friday as higher bond yields and solid U.S. bank earnings helped boost the index's heavyweight financials sector. Jones Industrial Average e-mini futures 1YMc1 were down 0.22 percent at 7:15 a.m. ET, while S&P 500 e-mini futures Esc1 were down 0.23 percent and Nasdaq 100 e-mini futures NQc1 were down 0.26 percent. .N (Morning News Call newsletter http://link.reuters.com/nex49s; The Day Ahead newsletter http://link.reuters.com/mex49s)

TOP STORIES TOP/CAN

Privately held Canadian carrier Porter Airlines said flights had resumed after a system outage grounded its fleet earlier on Saturday. COM/WRAP

Gold futures GCc2 : $1,203.3 per ounce; +0.59 pct GOL/

US crude CLc1 : $52.5 per barrel; -0.23 pct O/R

Brent crude LCOc1 : $55.32 ; -0.23 pct O/R

LME 3-month copper CMCU3 : $5,885.00 per tonne; -0.41 pct MET/L

ANALYST RESEARCH HIGHLIGHTS RCH/CA

Hudbay Minerals Inc HBM.TO : NBF raises to "outperform" from "sector perform"

Sun Life Financial Inc SLF.TO : Canaccord Genuity raises to "buy" from "hold"

FOR CANADIAN MARKETS NEWS, CLICK ON CODES:

TSX market report .TO

Canadian dollar and bonds report CAD/ CA/

Reuters global stocks poll for Canada EQUITYPOLL1 EPOLL/CA

Canadian markets directory CANADA ($1= C$1.31)

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