CANADA STOCKS-Futures point to a higher start for TSX on rising oil [Reuters]
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Source: Reuters
CANADA STOCKS-Futures point to a higher start for TSX on rising oil | Reuters 3 Min Read Dec 12 (Reuters) - Stock futures pointed to a higher opening for Canada’s main stock index on Wednesday as oil prices rose supported by a drop in U.S. crude inventories and a cut in Libyan supplies. U.S. crude inventories fell more than expected in the latest week, while gasoline stockpiles decreased and distillate stocks built, industry group the American Petroleum Institute said on Tuesday. December futures on the S&P;/TSX index were up 0.79 percent at 7:00 a.m. ET. Statistics Canada is scheduled to report industrial capacity utilisation data for the third quarter at 8:30 a.m. ET. The Toronto Stock Exchange’s S&P;/TSX fell 60.45 points, or 0.41 percent, to 14,667.83 on Tuesday. Dow Jones Industrial Average e-mini futures were up 0.65 percent at 7:00 a.m. ET, while S&P; 500 e-mini futures were up 0.66 percent and Nasdaq 100 e-mini futures were up 0.86 percent. Just Energy Group Inc: RBC raises pr
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