CANADA STOCKS-Futures point to higher open for TSX

Mon Mar 2, 2015 7:32am EST
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March 2 (Reuters) - Stock futures pointed to a higher opening for Canada's main stock index on Monday, with March futures on the S&P TSX index up 0.15 percent at 7:15 a.m. ET.

Fourth-quarter current account data is due at 8:30 a.m. ET and RBC's manufacturing PMI data is due at 9:30 a.m. ET.

Canada's main stock index closed little changed on Friday as shares of gold miners and banks climbed, helping calm investor fears about the impact a sluggish economy and the oil-price slump are having on financial institutions.

Dow Jones Industrial Average e-mini futures were up 0.07 percent at 7:15 a.m. ET, S&P 500 e-mini futures were up 0.05 percent and Nasdaq 100 e-mini futures were up 0.14 percent. (Morning News Call newsletter; The Day Ahead newsletter


BlackBerry Ltd said it plans to offer a cloud-based version of its device management platform BES12, a move that will make the service more accessible to small- and medium-sized businesses that need to secure devices on their own networks.

The Canadian government outlined plans on Sunday to extend for a year exploration tax credits offered to miners and broaden the scope of the credits, in an attempt to boost a sector that has been ravaged by falling commodity prices and a scarcity of funding.

Canadian insurance company Sun Life Financial Inc said it was looking for acquisition opportunities in business areas such as wealth management that are less impacted low interest rates.   Continued...