CANADA STOCKS-Futures higher as oil prices gain

Fri Feb 3, 2017 7:38am EST
 
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Feb 3 (Reuters) - Canada's main stock index was set to open higher on Friday, tracking gains in oil prices which edged higher on a threat of U.S. issuing new Iran sanctions.

President Donald Trump said on Thursday that "nothing is off the table" in dealing with Iran following its test launch of a ballistic missile, and his fellow Republicans in Congress said they would back him up with new sanctions.

March futures on the S&P TSX index were up 0.2 percent at 7:15 a.m. ET.

Canada's main stock index edged slightly lower on Thursday as investors weighed a more uncertain trade outlook, with losses for the financial and telecom groups offsetting gains for resource shares.

No major Canadian economic releases are scheduled.

Dow Jones Industrial Average e-mini futures were up 0.21 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were up 0.16 percent and Nasdaq 100 e-mini futures were up 0.1 percent.

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