CANADA STOCKS-TSX may open higher as Americans embark voting

Tue Nov 6, 2012 8:35am EST
 
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Nov 6 (Reuters) - Canadian stock futures rose on Tuesday, tracking global markets, but Toronto shares were seen holding to a narrow range ahead of a U.S. presidential election that will shape the fate of the world's largest economy.

TOP STORIES

* After a long and bitter White House campaign, Americans began casting their votes on Tuesday with polls showing President Barack Obama and Republican challenger Mitt Romney neck-and-neck in an election that will be decided in a handful of states.

* Hundreds of thousands of Greeks began a crippling 48-hour strike to protest against a new round of wage and pension cuts that parliament is expected to approve narrowly a day later.

* The European Commission has set dire economic forecasts for Spain until 2014, a newspaper reported, shooting down the targets set out by Madrid and potentially pushing it closer to seeking euro zone aid.

* NYSE is hoping ambitious cost cuts will help offset lower trading levels, in the latest sign of growing pressure on the world's top trading firms.

MARKET SNAPSHOT

* Canada stock futures traded up 0.23 percent

* U.S. stock futures , , were up around 0.14 percent to 0.36 percent   Continued...