CANADA STOCKS-Futures rise as Fed keeps rates unchanged
Sept 22 (Reuters) - Stock futures pointed to a higher opening for Canada's main stock index on Thursday after the U.S. Federal Reserve kept interest rates unchanged.
The central bank strongly signaled it could still tighten monetary policy by the end of this year as the labor market improved further.
December futures on the S&P TSX index were up 0.29 percent at 7:15 a.m. ET.
Canada's main stock index notched its highest close in almost two weeks on Wednesday as gold miners surged after the U.S. Fed held interest rates steady, which also boosted shares of dividend-paying utility companies.
Dow Jones Industrial Average e-mini futures were up 0.29 percent at 7:15 a.m. ET. S&P 500 e-mini futures were up 0.27 percent and Nasdaq 100 e-mini futures were up down 0.30 percent.
General Motors Co will use its Oshawa, Ontario, assembly plant to expand production of pick-up trucks for North America if a tentative agreement with Canadian auto workers is ratified, sources familiar with Canadian labor negotiations said on Wednesday. Continued...