CANADA STOCKS-Gains in oil prices help futures to trade higher

Wed Feb 17, 2016 7:44am EST
 
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Feb 17 (Reuters) - Canada's main stock index looked set to open higher on Wednesday after oil prices rose even as Iran signalled a tough line to efforts led by Russia and Saudi Arabia to broker a deal to freeze production levels and ease a global glut.

March futures on the S&P TSX index were up 0.75 percent at 7:30 a.m. ET.

Data on foreign accounts is due at 8:30 a.m. ET

The Toronto Stock Exchange's S&P/TSX composite index rose on Tuesday to a one-week high as financials gained for a second straight session, while dashed hopes of an oil supply cut restrained gains for energy stocks.

Dow Jones Industrial Average e-mini futures were up 0.61 percent at 7:30 a.m. ET, while S&P 500 e-mini futures were up 0.69 percent and Nasdaq 100 e-mini futures were up/down 0.81 percent.

(Morning News Call newsletter link.reuters.com/nex49s; The Day Ahead newsletter link.reuters.com/mex49s)

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