August 22 (Reuters) - Stock futures indicate a lower opening for Canada's main stock index on Monday due to a drop in oil prices as China ramped up exports of refined products and U.S. producers added more rigs.
September futures on the S&P TSX index SXFc1 were down 0.29 percent at 7:15 a.m. ET.
Canada's main stock index closed a fraction lower on Friday as investors awaited bank earnings and more talk from the U.S. Federal Reserve next week, giving the TSX its third straight directionless day. Jones Industrial Average e-mini futures 1YMc1 were down 0.28 percent at 7:15 a.m. ET. S&P 500 e-mini futures ESc1 were down 0.23 percent and Nasdaq 100 e-mini futures NQc1 were down 0.23 percent. .N
(Morning News Call newsletter http://link.reuters.com/nex49s ; The Day Ahead newsletter http://link.reuters.com/mex49s)
TOP STORIES TOP/CAN
Valeant Pharmaceuticals International Inc (NYSE:VRX) VRX.TO named Zoetis Inc (NYSE:ZTS) ZTS.N executive Paul Herendeen as its chief financial officer, replacing Robert Rosiello, the latest in a series of management changes at the Canadian drugmaker. convenience store operator Alimentation Couche-Tard Inc ATDb.TO said it agreed to buy U.S. convenience store retailer CST Brands Inc CST.N in a deal valued at about $4.4 billion, including debt. RESEARCH HIGHLIGHTS RCH/CA
Absolute Software Corp ABT.TO : BMO cuts to market "perform"
COMMODITIES AT 7:15 a.m. ET COM/WRAP
Gold futures GCc1 : $1333.3; -0.53 percent GOL/
US crude CLc1 : $47.21; -2.7 percent O/R
Brent crude LCOc1 : $49.32; -3.07 percent O/R
LME 3-month copper CMCU3 : $4750.5; -0.99 percent MET/L
U.S. ECONOMIC DATA DUE ON MONDAY
0830 National Activity Index for Jul: Prior 0.16
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($1 = C$1.29)