August 24 (Reuters) - Stock futures indicated a higher opening for Canada's main stock index on Wednesday, a day after the index hit a one-week high.
September futures on the S&P TSX index SXFc1 were up 0.10 percent at 7:15 a.m. ET.
The Toronto Stock Exchange's S&P/TSX composite index edged up to a one-week high on Tuesday as better-than-expected earnings for Bank of Montreal supported bank stocks, offsetting losses for the materials group. Jones Industrial Average e-mini futures 1YMc1 were up 0.01 percent at 7:15 a.m. ET. S&P 500 e-mini futures ESc1 were up 0.03 percent and Nasdaq 100 e-mini futures NQc1 were up 0.04 percent. .N
(Morning News Call newsletter http://link.reuters.com/nex49s ; The Day Ahead newsletter http://link.reuters.com/mex49s)
TOP STORIES TOP/CAN
Royal Bank of Canada RY.TO on Wednesday reported third-quarter results that beat market expectations, with funds set aside to cover bad loans falling thanks to higher oil prices. RESEARCH HIGHLIGHTS RCH/CA
Alimentation Couche-Tard Inc ATDb.TO : Barclays (LON:BARC) raises to "overweight" from "equal weight"
Bank of Montreal BMO.TO : CIBC raises target price to C$88 from C$85; "sector performer"
Alterra Power AXY.TO : National Bank Financial ups target to C$0.80 from C$0.75; "outperform"
COMMODITIES AT 7:15 a.m. ET COM/WRAP
Gold futures GCc1 : $1335; -0.42 percent GOL/
US crude CLc1 : $47.3; -1.66 percent O/R
Brent crude LCOc1 : $49.5; -0.92 percent O/R
LME 3-month copper CMCU3 : $4680.5; -0.63 percent MET/L
U.S. ECONOMIC DATA DUE ON WEDNESDAY
0900 Monthly home price mm for June: Prior 0.2 pct
0900 Monthly home price yy for June: Prior 5.6 pct
0900 Monthly Home Price Index for June: Prior 234.3
1000 Existing home sales for July: Expected 5.51 mln; Prior 5.57 mln
1000 Existing home sales percentage change for July: Expected -0.4 pct; Prior 1.1 pct
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($1 = C$1.29)