Jan 26 (Reuters) - Stock futures pointed to a higher opening
for Canada's main stock index on Tuesday as oil prices rose on
hopes that OPEC and non-OPEC producers may be edging closer to a
deal to tackle one of the biggest supply gluts in decades.
March futures on the S&P TSX index SXFc1 were up 0.63
percent at 7:30 a.m. ET.
No major economic events are scheduled for the day.
The Toronto Stock Exchange's S&P/TSX composite index fell on
Monday as last week's crude-induced rally fizzled out and a fall
in oil prices weighed on the shares of energy and financial
companies.
Dow Jones Industrial Average e-mini futures 1YMc1 were up
0.22 percent at 7:30 a.m. ET, while S&P 500 e-mini futures
Esc1 were up 0.32 percent and Nasdaq 100 e-mini futures NQc1
were up 0.27 percent.
TOP STORIES
Rogers Communications Inc RCIb.TO said on Monday it would
cut around 400 media jobs starting in February, the latest
Canadian media outlet to fire staff in a tough market dealing
with sliding advertising and the migration of audiences online.
OMERS Ventures, one of Canada's biggest venture capital
firms, plans to raise up to C$300 million ($210 million) through
the launch of a third fund in 2017 to invest in early stage
technology firms, its chief executive officer said on
Monday.
A worker at Centerra Gold Inc 's CG.TO Kumtor mine in
Kyrgyzstan was fatally injured while working the night shift on
Sunday, the Canadian mining company said on Monday.
($1= C$1.42)