CANADA STOCKS-Futures rebound after two-day free fall

Tue Jun 28, 2016 7:29am EDT
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June 28 (Reuters) - Stock futures pointed to a higher opening for Canada's main stock index on Tuesday after a two-day slide triggered by Britain's vote to leave the European Union.

Oil prices rose more than 2 percent as investors took advantage of a two-day slide in crude.

September futures on the S&P TSX index were up 0.42 percent at 7:15 a.m. ET.

Dow Jones Industrial Average e-mini futures were up 1.08 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were up 1.02 percent and Nasdaq 100 e-mini futures were up 1.04 percent.

Canada's main stock index notched its lowest close in seven weeks on Monday, as the fallout of the British referendum pummeled financial stocks and energy shares fell with retreating oil prices.

No major economic events are scheduled for Tuesday.

(Morning News Call newsletter; The Day Ahead newsletter

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