CANADA STOCKS-Futures up as Brexit shock recedes, oil rises
June 29 (Reuters) - Stock futures pointed to a higher opening for Canada's main stock index for the second day on Wednesday as the shock from Britain's vote to leave the European Union petered out and oil prices rose as risk appetite increased.
September futures on the S&P TSX index were up 0.54 percent at 7:15 a.m. ET.
Canada's main stock index scored its largest gain in seven weeks on Tuesday, recouping some of the losses inflicted in the prior two sessions after Britain's shock vote to leave the European Union, as oil rallied and investors sought out bargains.
Dow Jones Industrial Average e-mini futures were up 0.62 percent at 7:15 a.m. ET on Wednesday, while S&P 500 e-mini futures were up 0.64 percent and Nasdaq 100 e-mini futures were up 0.72 percent.
No major economic events are scheduled for the day in Canada.
Canadian Imperial Bank of Commerce said it would buy Chicago-based PrivateBancorp Inc in a cash-and-stock deal valued at about $3.8 billion to offer its Canadian clients access to U.S. banking services. Continued...