CANADA STOCKS-TSX futures higher as oil prices rise
Aug 9 (Reuters) - Stock futures pointed to a higher start for Canada's main stock index on Tuesday as oil prices gained on expectations of a drop in U.S. inventories.
Total U.S. crude inventories were expected to fall by 1 million barrels in weekly reports, although market intelligence firm Genscape has reported a rise of more than 307,000 barrels at the Cushing, Oklahoma U.S. crude delivery hub, traders said.
September futures on the S&P TSX index were up 0.26 percent at 7:15 a.m. ET.
Canadian housing starts data is expected at 8:30 a.m. ET .
Canada's main stock index notched its highest close in more than a year on Monday as energy stocks jumped with rising oil prices amid improved risk sentiment and on speculation that OPEC would seek to restrain output.
Dow Jones Industrial Average e-mini futures were up 0.11 percent at 7:15 a.m. ET, while S&P 500 e-mini futures were up 0.09 percent and Nasdaq 100 e-mini futures were up 0.13 percent.
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