CANADA STOCKS-Futures gain ahead of Fed meeting

Tue Sep 20, 2016 7:33am EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

Sept 20 (Reuters) - Stock futures pointed to a higher opening for Canada's main stock index ahead of a two-day U.S. Federal Reserve meeting starting on Tuesday that investors are betting will leave interest rates unchanged.

December futures on the S&P TSX index were up 0.35 percent at 7:15 a.m. ET.

Canada's main stock index rose on Monday, led by financials and resource stocks as commodity prices climbed and amid uncertainty around the Fed's decision on interest rates.

No major economic releases are scheduled on Tuesday.

Dow Jones Industrial Average e-mini futures were up 0.27 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were up 0.34 percent and Nasdaq 100 e-mini futures were up 0.31 percent.

(Morning News Call newsletter ; The Day Ahead newsletter


General Motors Co and the Canadian autoworkers union announced a tentative contract deal early on Tuesday, averting a strike that would have shut some of the automaker's Canadian manufacturing facilities.   Continued...