CANADA STOCKS-Futures indicate a higher start ahead of Fed meeting
Oct 28 - Stock futures pointed to a higher opening for Canada's main stock index on Tuesday ahead of the U.S. Federal Reserve's two-day meeting as investors wait for clues about the timing of any interest rate hike.
December futures on the S&P TSX index were up 0.49 percent at 7.15 a.m. ET.
No major economic events are scheduled.
The Toronto Stock Exchange's S&P/TSX composite index fell on Monday as weakness in the price of oil weighed on shares of energy producers and a lower bullion price was a drag on the gold-mining sector.
Dow Jones Industrial Average e-mini futures were up 0.42 percent at 7.15 a.m. ET, while S&P 500 e-mini futures were up 0.51 percent and Nasdaq 100 e-mini futures were up 0.57 percent.
Founder Anthony Lacavera is stepping down as chief executive officer of fledgling Canadian wireless operator Wind Mobile, the company said on Monday, just weeks after he brokered new financing that made him one of Wind's largest shareholders. Continued...