CANADA STOCKS-TSX set to open week higher

Tue Aug 5, 2014 7:28am EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

August 5 (Reuters) - Canadian stocks looked set to open higher on Tuesday as traders return after an extended weekend.

September futures on the S&P TSX index <0#SXF:> were up 0.42 percent at 0715 ET.

No major Canadian economic data is due for release on Tuesday.

The TSX index fell on Friday and recorded its biggest weekly decline since early May, rattled by uncertainty about U.S. Federal Reserve's interest-rate stance and fears that Argentina's debt default might signal broader instability.

Dow Jones Industrial Average e-mini futures were down 0.18 percent at 0715 ET on Tuesday, while S&P 500 e-mini futures were down 0.25 percent. Nasdaq 100 e-mini futures were down 0.24 percent.

(Morning News Call newsletter; The Day Ahead newsletter


PetroChina plans to pay the more than $1 billion it needs to complete a takeover of the Dover oil sands project from Athabasca Oil Corp by the end of September, a person with knowledge of the deal told Reuters.   Continued...