CANADA STOCKS-Futures trade higher on global cues

Tue May 10, 2016 7:55am EDT
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

May 10 (Reuters) - Canada's main stock index futures indicated a higher open on Tuesday following gains in global markets after Japan warned it was prepared to step in to weaken its currency.

June futures on the S&P TSX index were up 0.28 percent at 7:25 a.m. ET.

Canada's main stock index fell to a nearly four-week low on Monday as lower commodity prices weighed on energy and mining stocks, while financials also fell.

Dow Jones Industrial Average e-mini futures were up 0.21 percent at 7:25 a.m. ET, while S&P 500 e-mini futures were up 0.21 percent and Nasdaq 100 e-mini futures were up 0.09 percent.

No major Canadian economic releases are scheduled for the day.

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

TOP STORIES

Repair crews were expected to assess wildfire damage to the Canadian energy boomtown of Fort McMurray as the oil sands companies surrounding the ravaged city looked at bringing production back on line.   Continued...