CANADA STOCKS-TSX set to open higher as Greece pessimism fades

Wed Feb 18, 2015 7:34am EST
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

Feb 18 (Reuters) - Stock futures pointed to a higher opening for Canada's main stock index on Wednesday, tracking gains in Asia and Europe, as pessimism over the Greek deal saga faded.

March futures on the S&P TSX index were up 0.19 percent at 7:15 a.m. ET.

Wholesale trade data is due at 8:30 a.m. ET.

Canada's main stock index edged higher on Tuesday as a jump in Restaurant Brands International Inc, following the fast-food chain's quarterly report, helped offset declines in the natural resource sectors after commodity prices weakened.

Dow Jones Industrial Average e-mini futures were up 0.04 percent at 7:15 a.m. ET on Wednesday, while S&P 500 e-mini futures were down 0.02 percent and Nasdaq 100 e-mini futures were up 0.07 percent. (Morning News Call newsletter link.reuters.com/nex49s; The Day Ahead newsletter link.reuters.com/mex49s)

TOP STORIES

Canada is imposing sanctions against top Russian oil firm NK Rosneft OAO and the head of conglomerate Rostec, among others, in response to the actions of Russian-backed militants in Ukraine, Ottawa said on Tuesday.

Cenovus Energy Inc, Canada's No. 2 independent oil producer, said on Tuesday that it had agreed to sell 67.5 million shares to a group of underwriters as it seeks to raise about C$1.5 billion for its 2015 capital spending budget as oil prices remain weak.

COMMODITIES AT 7:15 a.m. ET   Continued...