Jan 28 (Reuters) - Futures for Canada's main stock index fell on Monday, as oil prices slipped on expansion of rigs by U.S. companies, signalling a further rise in crude supply.
March futures on the S&P/TSX index SXFc1 were down 0.44 percent at 6:55 a.m. ET.
The Toronto Stock Exchange S&P/TSX composite index .GSPTSE closed up 85.27 points, or 0.56 percent, at 15,366.05 on Friday. Jones Industrial Average e-mini futures 1YMc1 were down 0.41 percent at 6:55 a.m. ET, while S&P 500 e-mini futures ESc1 shed 0.41 percent and Nasdaq 100 e-mini futures NQc1 edged down 0.49 percent. .N
TOP STORIES TOP/CAN
Electric and gas utility Fortis Inc FTS.TO said on Monday it would sell its 51 percent stake in its hydroelectric project in British Columbia to state-owned Columbia Power Corp (CPC) and Columbia Basin Trust (CBT) for about C$1 billion. RESEARCH HIGHLIGHTS RCH/CA
Belo Sun Mining Corp BSX.TO : Canaccord Genuity cuts rating to hold from speculative buy.
Canadian Utilities Ltd CU.TO : Credit Suisse (SIX:CSGN) cuts rating to neutral from outperform.
COMMODITIES AT 6:55 a.m. ET COM/WRAP
Gold futures GCc2 : $1,298.9; +0.06 percent GOL/
US crude CLc1 : $52.84; -1.58 percent O/R
Brent crude LCOc1 : $60.71; -1.51 percent O/R
U.S. ECONOMIC DATA DUE ON MONDAY
0830 National Activity Index for Dec: Prior 0.22
1030 Dallas Fed Manufacturing Business Index for Jan: Prior -5.10
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($1 = C$1.32)