Sept 17 (Reuters) - Canada's stock index futures slipped on Thursday, as gold prices fell about 1% after the U.S. Federal Reserve disappointed expectations for further stimulus to spur inflation and support the world's largest economy.
In a news conference on Wednesday, Fed Chair Jerome Powell also indicated a long road to "maximum employment" and said the central bank was limited in its capacity to address some of the gaps around wage growth and workforce participation. futures on the S&P/TSX index SXFc1 were down 0.54% at 7:30 a.m. ET.
The dollar stirred, equities recoiled and gold fell on Thursday after a divided Fed dented stimulus hopes. MKTS/GLOB
The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE ended lower at 16,295.66 on Wednesday. .TO
Dow e-minis 1YMcv1 were down 0.77% by 7:30 a.m. ET. The S&P 500 e-minis EScv1 dropped 1.14%, and Nasdaq 100 e-minis NQcv1 fell 1.69%. .N
TOP STORIES TOP/CAN
Oil prices steadied after a decline earlier in the day as production started in the Gulf of Mexico after Hurricane Sally while a drawdown in U.S. crude and gasoline inventories supported the market. O/R
COMMODITIES AT 7:30 a.m. ET
Gold futures GCc2 : $1,944; -0.92% GOL/
US crude CLc1 : $40.24; +0.20% O/R
Brent crude LCOc1 : $42.35; +0.31% O/R
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