CANADA STOCKS-TSX to edge higher as Greece seals deal

Tue Feb 21, 2012 8:32am EST
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

Feb 21 (Reuters) - Toronto's main stock index was set for a slightly higher open on Tuesday, after debt-laden Greece finally secured a second bailout that would help resolve its immediate financing needs.

Investors, however, were still cautious about the plan's viability as tough austerity measures kick in later in the year.


* Canadian equity futures pointed to a higher open.

* U.S. stock index futures advanced after euro zone finance ministers secured a deal that will enable Greece to avoid a March default.

* European stocks fell, retreating from near-seven month highs, as investors booked recent profits following a long-awaited deal over a new bailout for Greece that failed to dispel concerns over the outlook for the troubled country.