CANADA STOCKS-Oil prices support slightly higher opening

Thu Jul 7, 2016 7:36am EDT
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July 7 (Reuters) - Stock futures pointed to a modestly higher opening for Canada's main stock index on Thursday as oil prices rose on a report of another fall in U.S. crude oil inventories and a weaker dollar.

September futures on the S&P TSX index were up 0.06 percent at 7:15 a.m. ET.

Building permits data is due at 8:30 a.m. ET and Ivey Purchasing Managers Index for June is scheduled for release at 10:00 a.m. ET.

Canada's benchmark stock index eked out a gain on Wednesday, helped by a surge in Valeant Pharmaceuticals, a rebound in oil prices that boosted energy stocks, and continued strength in gold miners as bullion extended a run that has pushed it to a two-year high.

Dow Jones Industrial Average e-mini futures were down 0.04 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were down 0.07 percent and Nasdaq 100 e-mini futures were down 0.03 percent.

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