CANADA STOCKS-Futures set to open higher as oil prices rise

Mon Jun 6, 2016 7:25am EDT
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June 6 (Reuters) - Futures pointed to a higher opening for Canadian stocks on Monday as brent crude oil prices rose, lifted by a plunge in the dollar that could spur demand just as attacks on Nigerian oil infrastructure tighten supplies.

However, signs of recovering U.S. output capped gains.

June futures on the S&P TSX index were up 0.33 percent at 7:15 a.m. ET.

No major economic events are scheduled for the day.

Canada's main stock index gained on Friday as gold miners jumped with the precious metal after weak U.S. jobs data hurt the U.S. dollar, offsetting losses for financial stocks and some energy companies.

Dow Jones Industrial Average e-mini futures were up 0.15 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were up 0.08 percent and Nasdaq 100 e-mini futures were up 0.13 percent.

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