May 23 (Reuters) - Canada's index futures pointed to a higher opening for the main stock exchange on Tuesday, after the Victoria Day holiday on Monday.
The Toronto Stock Exchange rose on Friday, with energy shares leading a broad-based rally as oil prices rose. futures on the S&P TSX index SXFc1 were up 0.24 percent at 7:15 a.m. ET.
Oil prices fell on Tuesday, weighed down by U.S. President Donald Trump's plan to sell off half the country's huge oil stockpile, threatening a future glut even as OPEC and its allies cut output to try and tighten the market. O/R
Wholesale trade for March is due at 8:30 a.m. ET ECONCA .
Dow Jones Industrial Average e-mini futures 1YMc1 were up 0.21 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 0.19 percent. .N
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TOP STORIES TOP/CAN
The government of Argentina's San Juan province has approved a plan for improving Barrick Gold Corp's Veladero mine following its third spill of cyanide solution in 18 months and could allow full operations to resume in early June, a government official said. RESEARCH HIGHLIGHTS RCH/CA
Toronto-Dominion Bank TD.TO : Barclays (LON:BARC) raises to "equal weight" from "underweight"
Bank of Nova Scotia BNS.TO : Barclays raises to "overweight" from "equal weight"
Kelt Exploration Ltd KEL.TO : TD Securities cuts to "buy" from "action list buy"
COMMODITIES AT 7:15 a.m. ET COM/WRAP
Gold futures GCc2 : $1,259.6; -0.14 pct GOL/
US crude CLc1 : $50.84; -0.59 pct O/R
Brent crude LCOc1 : $53.54; -0.61 pct O/R
LME 3-month copper CMCU3 : $5,692.00; -0.19 pct MET/L
U.S. ECONOMIC DATA DUE ON TUESDAY
0945 Markit Composite Flash PMI for May: Prior 53.20
0945 Markit Manufacturing PMI Flash for May: Expected 53.0; Prior 52.8
0945 Markit Services PMI Flash for May: Expected 53.1; Prior 53.1
1000 New home sales-units for April: Expected 0.610 mln; Prior 0.621 mln
1000 New Home sales change mm for April: Expected -1.5 pct; Prior 5.8 pct
1000 Richmond Fed Composite Index for May: Prior 20
1000 Richmond Fed Services Index for May: Prior 22
1000 Richmond Fed Manufacturing Shipments for May: Prior 25
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Reuters global stocks poll for Canada EQUITYPOLL1 EPOLL/CA
Canadian markets directory CANADA ($1= C$1.35)