Futures slip as Apple's slashed quarter forecast hurts global stocks


Jan 3 (Reuters) - Futures for Canada's main stock index pointed to a lower opening on Thursday, following a broad selloff in Asian and European markets after Apple cut its sales forecast of its first fiscal quarter.

March futures on the S&P/TSX index were down 0.91 percent at 7:00 a.m. ET.

Investors sought safety in bonds and less risky assets amid renewed concerns about slowing global economic and corporate growth.

The Toronto Stock Exchange'sS&P/TSX ended 24.30 points, or 0.17 percent, higher at 14,347.16..

Dow Jones Industrial Average e-mini futures were down 1.4 percent at 7:00 a.m. ET, S&P 500 e-mini futures were down 1.4 percent and Nasdaq 100 e-mini futures were down 2.2 percent.


China's top prosecutor said that two Canadians detained in China after Canada arrested a Chinese technology company executive had "without a doubt" violated the law.

The new Barrick Gold Corp is considering options for its stake in Acacia Mining including possible sale, as Barrick works to end a nearly two-year-long tax dispute in Tanzania that has effectively shuttered operations there, CEO Mark Bristow said on Wednesday.

Canada's Syncrude has been directed to pay C$2.75 million after it pleaded guilty over the death of 31 blue herons at its oil sands site in northern Alberta, the Canadian province's energy regulator said.


Intact Financial Corp: Morgan Stanley cuts target price to C$114 from C$118

Lundin Mining Corp: Morgan Stanley resumes coverage with overweight rating; price target of C$8.70


Gold futures: $1,289; +0.38 pct

US crude: $46.53; -0.02 pct

Brent crude: $55.29; +0.69 pct


0730 Challenger layoffs for Dec: Prior 53,073

0815 ADP national employment for Dec: Expected 178,000; Prior 179,000

0830 Initial jobless claims : Expected 220,000; Prior 216,000

0830 Jobless claims 4-week average : Prior 218,000

0830 Continued jobless claims : Prior 1.701 mln

0945 ISM-New York Index for Dec: Prior 840.8

0945 ISM New York Business Conditions for Dec: Prior 67.8

1000 Construction spending mm for Nov: Expected 0.2 pct; Prior -0.1 pct

1000 ISM Manufacturing PMI for Dec: Expected 57.9; Prior 59.3

1000 ISM Manufacturing Prices Paid for Dec: Expected 58.0; Prior 60.7

1000 ISM Manufacturing Employment Index for Dec: Prior 58.4

1000 ISM Manufacturing New Orders Index for Dec: Prior 62.1

1530 Domestic car sales for Dec: Expected 4.00 mln; Prior 3.95 mln

1530 Total vehicle sales for Dec: Expected 17.20 mln; Prior 17.49 mln

($1= C$1.36)

This article appears in: Stocks , World Markets , Politics

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