CANADA STOCKS-Futures rise ahead of growth data as oil extends gains
Dec 23 (Reuters) - Stock futures pointed to a higher start for Canada's main stock index on Wednesday as crude prices extended gains for a third straight day.
Oil prices edged up after an unexpected fall in U.S. crude inventories, but remained not far above 11-year lows as supplies remain abundant and as OPEC lowered the demand outlook for its exports.
March futures on the S&P TSX index were up 0.91 percent at 7:30 a.m. ET.
Data on gross domestic product and retail sales is due at 8:30 a.m. ET.
Canada's main stock index gained in low-volume trade on Tuesday, with rises in industrial, telecom and resource stocks offsetting the impact of subdued performance in some of the country's biggest banks.
Dow Jones Industrial Average e-mini futures were up 0.51 percent at 7:30 a.m. ET, while S&P 500 e-mini futures were up 0.38 percent and Nasdaq 100 e-mini futures were up 0.42 percent.
TOP STORIES Continued...