Lower opening of Canadian stock index likely as slide in oil prices show no sign of easing

OTTAWA: Stock futures pointed to a lower opening for Canada’s main stock index as the slide in oil prices showed no sign of easing.

Canada’s main stock index recorded its biggest single day percentage drop in about 20 months, tumbling nearly 2.5 percent on Monday, as a deepening sell off in oil prices hit shares of energy companies.

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March futures on the S&P TSX index were down 0.13 percent ET. Producer Prices data for November is due ET. ECONCA

Dow Jones Industrial Average e-mini futures were up 0.13 percent ET, while S&P 500 e-mini futures were up 0.14 percent and Nasdaq 100 e-mini futures were up 0.08 percent.