CANADA STOCKS-TSX looks set to open higher after peaceful Crimea vote

Mon Mar 17, 2014 8:51am EDT
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March 17 (Reuters) - Stock futures pointed to a higher opening for Canada's main stock index after Sunday's referendum in Crimea, in which voters overwhelmingly voted to join Russia, passed without violence. June futures on the S&P TSX index were up 0.32 percent at 0715 ET.

Stocks edged lower on Friday as worries about the crisis in Ukraine and fears of a slowdown in economic growth in China weighed on investor sentiment.

Dow Jones industrial average futures were up 0.49 percent, S&P 500 futures were up 0.44 percent and Nasdaq 100 futures were up 0.52 percent at 0845 ET. (Morning News Call newsletterThe Day Ahead newsletter)


Oil and gas producer Encana Corp is in advanced talks to sell its Wyoming natural gas field to private-equity firms Carlyle Group and NGP Energy Capital Management for about $2 billion, the Wall Street Journal reported, citing unnamed sources.

South Africa's state-owned logistics company awarded General Electric, Bombardier and two Chinese firms a contract to supply over 1,000 trains, as part of a $28 billion expansion plan.

The U.S. Federal Deposit Insurance Corp sued 16 of the world's largest banks on Friday, including Royal Bank of Canada, accusing them of cheating dozens of other now defunct banks by manipulating the Libor interest rate.


Thomson Reuters-Jefferies CRB Index : 302.1715; -0.46 pct   Continued...