May 24 (Reuters) - Stock futures pointed to a flat opening for Canada's main stock index on Thursday, with oil prices slipping on concerns that OPEC could raise output for the first time since 2016.
June futures on the S&P TSX index were up 0.07 percent at 7:15 a.m. ET.
The Toronto Stock Exchange's S&P/TSX fell 10.99 points to 16,133.80 on Wednesday, largely dragged down by a fall in Royal Bank of Canada.
Dow Jones Industrial Average e-mini futures were down 0.12 percent at 7:15 a.m. ET, while S&P 500 e-mini futures fell 0.06 percent and Nasdaq 100 e-mini futures was up 0.04 percent.
Royal Bank of Canada, Canada's biggest lender by market value, on Thursday posted an 11 percent rise in its second-quarter earnings, helped by strong growth at its wealth management and retail businesses.
Toronto-Dominion Bank on Thursday reported second-quarter earnings which were ahead of market expectations, benefiting from a strong performance at its domestic retail business.
Canada has blocked a proposed C$1.51 billion ($1.18 billion) takeover of construction company Aecon by a Chinese state builder on national security grounds, underscoring rising wariness of Chinese firms buying up assets in Western countries.
COMMODITIES AT 7:15 a.m. ET
Gold futures: $1295.6; 0.47 pct
US crude: $70.98; -1.20 pct
Brent crude: $78.8; -1.25 pct
LME 3-month copper: $6865; -0.03 pct
• Aecon Group: RBC cuts price target to C$17 from C$20.
• Canadian Imperial Bank of Commerce: Barclays raises price target to C$138 from C$133.
0830 Initial jobless claims: Expected 220,000; Prior 222,000
0830 Jobless claims 4-week average: Prior 213,250
0830 Continued jobless claims: Expected 1.754 mln; Prior 1.707 mln
0900 Monthly home price mm for Mar: Prior 0.6 pct
0900 Monthly home price yy for Mar: Prior 7.2 pct
0900 Monthly Home Price Index for Mar: Prior 261.1
1000 Existing home sales for Apr: Expected 5.57 mln; Prior 5.60 mln
1000 Existing home sales percentage change for Apr: Expected -0.2 pct; Prior 1.1 pct
1100 KC Fed Manufacturing for May: Prior 33
1100 KC Fed Composite Index for May: Prior 26
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$1= C$1.29 Reporting by Benny Thomas in Bengaluru; Editing by Sriraj Kalluvila