CANADA STOCKS-TSX to open high, banks may temper gains

Thu Dec 2, 2010 8:52am EST
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

Dec 2 (Reuters) - Toronto's stock index could open higher on Thursday, extending Monday's rally on rising commodity prices and optimism about possible new measures to ease euro zone debt crisis. But lower earnings from Toronto-Dominion Bank and CIBC could temper the optimism.


* Canadian equity futures <0#SXF:> point to a higher open.

* U.S. stock index futures rose slightly on expectations the European Central Bank may act to relieve market worries of a spreading euro zone debt crisis. [.N]

* European shares also edged up, with banking stocks among the risers. [.EU]

* Asian stocks rose. The Nikkei jumped almost 2 percent as the yen softened.


* The Thomson Reuters-Jefferies CRB index .CRB, a global commodities benchmark, rose 0.54 percent in early trade.

* Oil prices were steady near three-week highs of $87.   Continued...