CANADA STOCKS-Futures rise on Greece optimism

Mon Jun 22, 2015 7:32am EDT
 
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June 22 (Reuters) - Stock futures pointed to a higher opening for Canada's main stock index on Monday, lifted by a wave of optimism after a new Greek offer for a cash-for-reforms deal.

The new offer raised hopes of an agreement as euro zone leaders prepared for an emergency summit on Monday, with EU officials welcoming the proposals as a "good basis for progress" to avert a default by Athens.

September futures on the S&P TSX index were up 0.31 percent at 7:15 a.m. ET.

No major economic events are scheduled for the day.

Canada's main stock index fell to its lowest close since mid-January on Friday as disappointing domestic retail sales data added to the market's anxiety over the Greek debt crisis.

Dow Jones Industrial Average e-mini futures were up 0.71 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were up 0.75 percent and Nasdaq 100 e-mini futures were up 0.84 percent. (Morning News Call newsletter link.reuters.com/nex49s; The Day Ahead newsletter link.reuters.com/mex49s)

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