July 3 (Reuters) - Futures for Canada’s main stock index retreated on Friday as a record surge in COVID-19 cases in the United States raised fears of another round of lockdowns, overshadowing early signs of an economic rebound from the pandemic-driven slump.
September futures on the S&P/TSX index were down 0.08% at 7:00 a.m. ET.
The Toronto Stock Exchange’s S&P/TSX rose 0.69% to 15,622.40 on Thursday.
U.S. markets were closed on the occasion of Independence Day.
Canada’s Supreme Court removed an obstacle to the expansion of the Trans Mountain oil pipeline on Thursday, dismissing an appeal of a lower court decision that had backed Ottawa’s approval of the project.
COMMODITIES AT 7:00 a.m. ET
Gold futures: $1787.4; -0.15%
US crude: $40.14; -1.25%
Brent crude: $42.62; -1.21%
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Canadian markets directory ($1= C$1.36) (Reporting by Sagarika Jaisinghani in Bengaluru; Editing by Sriraj Kalluvila)
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