CANADA STOCKS-Futures point to lower open for TSX

Tue Aug 26, 2014 7:27am EDT
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Aug 26 (Reuters) - Stock futures pointed to a lower opening for Canada's main stock index on Tuesday, with September futures on the S&P TSX index <0#SXF:> down 0.07 percent at 0715 ET.

No major economic data is due for release.

Canada's main stock index touched an all-time high before notching a record high close on Monday as shares of Tim Hortons Inc shot up after the coffee chain confirmed it was in merger talks with Burger King Worldwide Inc.

Dow Jones Industrial Average e-mini futures were up 0.11 percent at 0715 ET, while S&P 500 e-mini futures were up 0.10 percent and Nasdaq 100 e-mini futures were up 0.15 percent.

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Bank of Nova Scotia reported a higher quarterly profit as strength at its wealth management and insurance businesses boosted its bottom line and allowed Canada's No. 3 lender to raise its dividend.

Bank of Montreal reported a stronger third-quarter profit, helped by gains at its Canadian and U.S. personal and commercial banking units and higher revenue at its capital markets arm.