CANADA STOCKS-Futures gain as oil edges higher
Jan 26 (Reuters) - Stock futures pointed to a higher opening for Canada's main stock index on Tuesday as oil prices rose on hopes that OPEC and non-OPEC producers may be edging closer to a deal to tackle one of the biggest supply gluts in decades.
March futures on the S&P TSX index were up 0.63 percent at 7:30 a.m. ET.
No major economic events are scheduled for the day.
The Toronto Stock Exchange's S&P/TSX composite index fell on Monday as last week's crude-induced rally fizzled out and a fall in oil prices weighed on the shares of energy and financial companies.
Dow Jones Industrial Average e-mini futures were up 0.22 percent at 7:30 a.m. ET, while S&P 500 e-mini futures were up 0.32 percent and Nasdaq 100 e-mini futures were up 0.27 percent.
Rogers Communications Inc said on Monday it would cut around 400 media jobs starting in February, the latest Canadian media outlet to fire staff in a tough market dealing with sliding advertising and the migration of audiences online. Continued...