Stock futures up as oil hits eight-month high

A sign shows TSX information in Toronto September 15, 2008. REUTERS/Mark Blinch

(Reuters) - Stock futures pointed to a slightly higher opening for Canada’s main stock index on Wednesday as oil jumped to the highest level in eight months, buoyed by ongoing supply disruptions in Nigeria and strong Chinese oil demand data.

June futures on the S&P TSX index SXFc1 were up 0.08 percent at 7:15 a.m. ET.

House starts and building permits data is due later in the day. ECONCA

Canada’s main stock index extended its recent run to a more than nine-month high on Tuesday as oil and gas stocks jumped with buoyant crude prices and heavyweight financial stocks also rose.

Dow Jones Industrial Average e-mini futures 1YMc1 were up 0.14 percent at 7:15 a.m. ET, while S&P 500 e-mini futures ESc1 were up 0.15 percent and Nasdaq 100 e-mini futures NQc1 were up 0.09 percent. [.N]

Reporting by Riniki Sanyal in Bengaluru; Editing by Anil D’Silva