CANADA STOCKS-Futures indicate higher start, Fed meeting in focus

Wed Dec 17, 2014 7:33am EST
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Dec 17 (Reuters) - Stock futures indicated a higher start for Canada's main stock index on Wednesday as investors awaited the outcome of the U.S. Federal Reserve's policy meeting for hints on the timing of any interest rate hikes.

December futures on the S&P TSX index were up 0.30 percent at 7.15 a.m. ET.

Data on wholesale trade in October is due at 8.30 a.m. ET .

Canada's main stock index jumped on Tuesday, with Talisman Energy Inc surging 46 percent after Spanish oil major Repsol agreed to buy the independent producer for $13 billion.

Dow Jones Industrial Average e-mini futures were up 0.68 percent at 7.15 a.m. ET, while S&P 500 e-mini futures were up 0.80 percent and Nasdaq 100 e-mini futures were up 0.78 percent. (Morning News Call newsletter; The Day Ahead newsletter


Equipment finance company Element Financial Corp, which has enjoyed a meteoric rise since going public three years ago, said on Tuesday that it expected 35 percent growth in new equipment loans and leases in 2015.