CANADA STOCKS-TSX futures indicate a higher start as oil rises
Feb 23 (Reuters) - Futures on Canada's main stock index were trading higher on Thursday as oil prices strengthened after a report showed a decline in U.S. crude inventories, lending support to the view that a global glut is nearing its end.
March futures on the S&P TSX index were up 0.2 percent at 7:15 a.m. ET.
The Toronto Stock Exchange's S&P/TSX composite index fell the most in three weeks on Wednesday, pulling back from a record high set the day before as lower commodity prices pressured shares of energy and materials companies.
No major Canadian economic releases are scheduled.
Dow Jones Industrial Average e-mini futures were up 0.04 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were up 0.02 percent and Nasdaq 100 e-mini futures were up 0.03 percent.
Canadian Imperial Bank of Commerce, Canada's fifth-biggest lender, reported a 13 percent rise in first-quarter earnings, buoyed by growth in its retail, wealth management and capital markets businesses. Continued...