CANADA STOCKS-Futures point to higher open after Fed lift-off

Thu Dec 17, 2015 7:27am EST
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Dec 17 (Reuters) - Stock futures pointed to a higher opening for Canada's main index on Thursday after the U.S. Federal Reserve raised interest rates for the first time since 2006.

March futures on the S&P TSX index were up 0.49 percent at 7:15 a.m. ET.

No economic data is scheduled for release on Thursday.

Canada's main stock index jumped on Wednesday, with banks climbing after the U.S. Federal Reserve hiked interest rates and mining stocks gaining as gold held on to gains given the Fed pointed to a slow pace of further hikes.

Dow Jones Industrial Average e-mini futures were up 0.39 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were up 0.35 percent and Nasdaq 100 e-mini futures were up 0.49 percent. (Morning News Call newsletter; The Day Ahead newsletter


Shaw Communications Inc said on Wednesday it has agreed to buy Wind Mobile, the country's fourth-largest wireless provider, in a deal that gives it a much-needed presence in the cellular market.

Canadian Trade Minister Chrystia Freeland said on Wednesday she strongly encouraged U.S. lawmakers to "get the job done" to repeal country-of-origin meat-labeling rules.

COMMODITIES AT 7:15 a.m. ET   Continued...