CANADA STOCKS-TSX set to open higher on firmer oil prices

Mon Mar 28, 2016 7:14am EDT
 
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March 28 (Reuters) - Stock futures pointed to a higher opening for Canada's main stock index on Monday as oil prices firmed, adding to gains in recent weeks as optimism holds that a production freeze among major producers may be implemented.

June futures on the S&P TSX index were up 0.13 percent at 7:15 a.m. ET.

No major economic events are scheduled for the day.

Canada's main stock index fell to a two-week low on Thursday before paring some losses, as bank stocks retreated amid rising chatter from U.S. central bankers about hiking interest rates and as a recovery in oil prices helped energy stocks.

Dow Jones Industrial Average e-mini futures were up 0.24 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were up 0.27 percent and Nasdaq 100 e-mini futures were up 0.30 percent.

(Morning News Call newsletter link.reuters.com/nex49s; The Day Ahead newsletter link.reuters.com/mex49s)

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