Canada's main stock index futures dropped on Friday on lower oil prices, with prospects of persistent global policy tightening and a hawkish stance by U.S. Federal Reserve's Jerome Powell weighing on investor sentiment.
The TSX lost 125.05 points to greet the closing bell Thursday at 19,580.90.
TSX is on course to post a loss for the week, down nearly 2% through last close.
Futures were lower 0.5% Friday.
The Canadian dollar was down 0.36 cents to 75.70 cents U.S.
ON BAYSTREET
The TSX Venture Exchange let go of 7.52 points, or 1.2%, Thursday to 600.74.
ON WALLSTREET
Stock futures were lower Friday as Wall Street headed for a losing week.
Futures for the Dow Jones Industrials went south 127 points, or 0.4%, to 34,083.
Futures for the S&P 500 dipped 24 points, or 0.5%, to 4,399.75.
Futures for the NASDAQ Composite let go of 103.25 points, or 0.7%, to 15,111.50.
All three major averages are set to break multiweek win streaks. The Dow has chucked 1% and the S&P 500 has lost 0.6% since the start of the week. The NASDAQ is down 0.4%, on pace to snap an eight-week win streak and post its worst weekly stretch since April.
A relatively light week for economic data continues Friday with S&P Global PMI composite data for June. Earnings are on deck from CarMax
In Japan, the Nikkei 225 dropped 0.9% Friday, while markets in Hong Kong backed off 1.7%
Oil prices faltered $1.05 to $68.46 U.S. a barrel.
Gold prices jumped $6.40 to $1,930.10. U.S. an ounce.
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