Oct 3 (Reuters) - Futures for Canada's main stock index edged higher on Wednesday, as oil prices rose on expectations that U.S. sanctions on Iran will tighten supply and strain the ability of Saudi Arabia and other producers to pump more.
December futures on the S&P/TSX index SXFc1 were up 0.32 percent at 6:55 a.m. ET.
The Toronto Stock Exchange's S&P/TSX .GSPTSE fell 87.20 points, or 0.54 percent, to 16,017.23 on Tuesday. Jones Industrial Average e-mini futures 1YMc1 were up 0.2 percent at 6:55 a.m. ET, while S&P 500 e-mini futures ESc1 were up 0.26 percent and Nasdaq 100 e-mini futures NQc1 were up 0.27 percent. .N
TOP STORIES TOP/CAN
Canadian oil and gas producer Husky Energy Inc HSE.TO said on Tuesday it had formally offered to acquire all the outstanding common shares of MEG Energy Corp MEG.TO . Canadian Food Inspection Agency said on Tuesday grocery and drugstore chain Loblaw Cos Ltd L.TO is recalling certain $10 chicken fries in the wake of a potential Salmonella contamination. RESEARCH HIGHLIGHTS RCH/CA
Canadian Pacific Railway Ltd CP.TO : Raymond James raises target price to C$305 from C$285
Corus Entertainment Inc CJRb.TO : CIBC cuts price target to C$7 from C$8
COMMODITIES AT 6:55 a.m. ET COM/WRAP
Gold futures GCc2 : $1204.4; +0.02 percent GOL/
U.S. crude CLc1 : $75.27; +0.05 percent O/R
Brent crude LCOc1 : $84.88; +0.09 percent O/R
U.S. ECONOMIC DATA DUE ON WEDNESDAY
0815 ADP national employment for Sep: Expected 185,000; Prior 163,000
0945 Markit Composite Final PMI for Sep: Prior 53.4
0945 Markit Services PMI Final for Sep: Prior 52.9
1000 ISM N-Manufacturing PMI for Sep: Expected 58; Prior 58.5
1000 ISM N-Manufacturing Business Activity for Sep: Expected 60.3; Prior 60.7
1000 ISM N-Manufacturing Employment Index for Sep: Prior 56.7
1000 ISM N-Manufacturing New Orders Index for Sep: Prior 60.4
1000 ISM N-Manufacturing Price Paid Index for Sep: Prior 62.8
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