CANADA STOCKS--TSX set to open higher as Ukraine tensions ease

Tue Jul 22, 2014 7:57am EDT
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July 22 - Stock futures pointed to a higher opening for Canada's stock market as traders saw hopes of easing of tensions between Russia and the West after rebels in Ukraine handed over the black box recorder from Malaysia flight 17 to Malaysian authorities.

September futures on the S&P TSX index <0#SXF:> were up 0.13 percent at 0755 ET.

The stock index took a step back from last week's all-time high on Monday, as a 3 percent jump in Valeant Pharmaceuticals International Inc was more than offset by declines across most major industries.

No major economic events are scheduled for the day.

Dow Jones Industrial Average e-mini futures were up 0.28 percent at 0755 ET, while S&P 500 e-mini futures were up 0.33 percent and Nasdaq 100 e-mini futures were up 0.43 percent.

(Morning News Call newsletter; The Day Ahead newsletter


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