CANADA STOCKS-Futures point to flat open for TSX

Wed Aug 20, 2014 7:22am EDT
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Aug 20 (Reuters) - Stock futures pointed to a flat opening for Canada's main stock index on Wednesday as investors found few reasons to continue buying in the absence of any major economic catalyst.

September futures on the S&P TSX index <0#SXF:> were up 0.03 percent at 0715 ET.

Wholesale trade data is due at 0830 ET

Canada's main stock index jumped to its highest in 2-1/2 weeks on Tuesday as positive U.S. economic data helped push up shares in every major sector.

Dow Jones Industrial Average e-mini futures were down 0.01 percent at 0715 ET, S&P 500 e-mini futures were down 0.03 percent and Nasdaq 100 e-mini futures were up 0.03 percent. (Morning News Call newsletter; The Day Ahead newsletter


Another Bombardier Inc commercial aircraft executive has left the company, the plane and train maker said, the latest move following a major restructuring announcement last month involving its aerospace division.

Penn West Petroleum Ltd, a Canadian oil producer that said last month it had discovered nearly C$400 million in accounting irregularities, faces a growing number of lawsuits after its shares dropped more than a fifth following the admission.

AltaGas Ltd said it has signed a long-term strategic deal with Painted Pony Petroleum Ltd, helping secure supply for its plans to export natural gas and natural gas liquids to international markets.   Continued...