CANADA STOCKS-TSX futures gain as oil prices rise

Wed Mar 29, 2017 7:36am EDT
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March 29 (Reuters) - Stock futures pointed to a higher opening for Canada's main stock index on Wednesday as oil prices extended gains.

Disruptions in Libya and views that an OPEC-led output reduction is likely to be extended helped oil prices, despite industry data showing an increase in U.S. crude inventories.

June futures on the S&P TSX index were up 0.08 percent at 7:15 a.m. ET.

Canada's main stock index notched its highest close in three weeks on Tuesday as an oil price rally helped energy stocks and a jump in U.S. consumer confidence boosted global markets.

Dow Jones Industrial Average e-mini futures were down 0.03 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were up 0.01 percent and Nasdaq 100 e-mini futures were up 0.06 percent.

No major economic releases are scheduled in Canada.

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