CANADA STOCKS-TSX set to climb on resources, RIM results

Fri Sep 17, 2010 8:37am EDT
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TORONTO, Sept 17 (Reuters) - Toronto's main stock index was expected to open higher on Friday, buoyed by a jump in commodity prices and investor optimism following strong quarterly earnings from technology bellwether Research in Motion.


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

* U.S. stock index futures rose on Friday as solid reports from technology bellwethers Oracle and Research In Motion put stocks on the verge of breaking through a key level that has stymied investors for months. [.N]

* European shares rose on Friday and are on track to record their third consecutive week of gains, boosted by retailers, led by Carrefour after it unveiled a revamp plan for its hypermarkets. [.EU]

* Asian equities were higher, with Japanese stocks gaining after yen selling intervention brightened the prospects of exporters.


* The Thomson Reuters-Jefferies CRB index .CRB, a global commodities benchmark, rose 0.69 percent in early trade.

* Oil climbs to around $75 a barrel on Friday, boosted by dollar weakness and a hurricane threat, but the anticipated reopening of a major pipeline delivering crude into the United States was expected to cap gains. [O/R]   Continued...