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 SXFc1 were down
3.25 percent at 7:00 a.m. ET.
Dow Jones Industrial Average e-mini futures 1YMc1 were
down 3.05 percent at 7:00 a.m. ET, while S&P 500 e-mini futures
ESc1 were down 3.69 percent and Nasdaq 100 e-mini futures
NQc1 were down 3.69 percent. .N
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. ECONCA
(Morning News Call newsletter http://link.reuters.com/nex49s;
The Day Ahead newsletter http://link.reuters.com/mex49s)
TOP STORIES TOP/CAN
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 PWT.TO chief executive said on Thursday. AT 7:00 a.m. ET COM/WRAP
Gold futures GCc1 : $1,327.20; +5.23 pct GOL/
US crude CLc1 : $47.75; -4.69 pct O/R
Brent crude LCOc1 : $48.44; -4.91 pct O/R
LME 3-month copper CMCU3 : $4,678.00; -2.13 pct MET/L
ANALYST RESEARCH HIGHLIGHTS RCH/CA
Blackberry (TO:BB) Ltd BBRY.O : RBC cuts price target to $7 from $8
U.S. ECONOMIC DATA DUE ON FRIDAY
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
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$1.30)