CANADA STOCKS-TSX futures higher as oil price gains

Fri Mar 24, 2017 7:23am EDT
 
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March 24 (Reuters) - Stock futures pointed to a higher opening for Canada's main stock index on Friday as oil prices rose, supported by a fall in Saudi crude exports to the United States in March.

Saudi Arabia's exports cut, in line with OPEC's agreement to reduce supply, is the largest cut in production after the agreement reached last year by both OPEC and non-OPEC producers to reduce output.

June futures on the S&P TSX index were up 0.11 percent at 7:10 a.m. ET.

Inflation data for February is due at 8:30 a.m. ET.

Canada's main stock index closed higher on Thursday, led by heavyweight financial sector shares a day after the federal budget held off from raising taxes on investors.

Dow Jones Industrial Average e-mini futures were up 0.2 percent at 7:10 a.m. ET, while S&P 500 e-mini futures were up 0.17 percent and Nasdaq 100 e-mini futures were up 0.21 percent.

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