TSX futures down as crude weakens on COVID-19 curbs

Futures for Canada's main stock index fell on Thursday

  

Futures for Canada's main stock index fell on Thursday, as crude prices weakened following increased restrictions in parts of the world to counter the Omicron coronavirus variant.

December futures on the S&P/TSX index were down 0.3% at 7:00 a.m. ET.

Oil prices eased after measures by some governments to slow the spread of the Omicron coronavirus variant, though losses were capped by positive comments from vaccine makers about the efficacy of their jabs. 

The Toronto Stock Exchange's S&P/TSX composite index ended 0.4% lower at 21,077.35 on Wednesday, after climbing 2.6% in the first two days of the week. 

Dow e-minis were down 127 points, or 0.36% at 7:00 a.m. ET, while S&P 500 e-minis were down 18 points, or 0.38%, and Nasdaq 100 e-minis were down 81 points, or 0.49%. 

TOP STORIES TOP/CAN

Canadian miner Kinross Gold Corp  said on Wednesday it would buy gold explorer Great Bear Resources Ltd  for about C$1.8 billion ($1.42 billion), eyeing its Dixie project, a potentially long-life mine complex.

($1= C$1.27)

(Reporting by Amal S in Bengaluru; Editing by Vinay Dwivedi) ((Amal.S@thomsonreuters.com; within U.S. +1 646 223 8780; outside U.S. +91 80 6749 3677;))


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