Jan 30 (Reuters) - Futures for Canada's main stock index edged higher on Wednesday, as oil prices rose on supply concerns after the United States imposed sanctions on Venezuela's exports.
March futures on the S&P/TSX index SXFc1 were up 0.12 percent at 6:55 a.m. ET.
Average weekly earnings data of industries for November is due at 8:30 a.m. ET.
The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE closed up 84.52 points, or 0.55 percent, at 15,463.14 on Tuesday. Jones Industrial Average e-mini futures 1YMc1 gained 0.4 percent at 6:55 a.m. ET, while S&P 500 e-mini futures ESc1 rose 0.33 percent and Nasdaq 100 e-mini futures NQc1 were up 0.86 percent. .N
TOP STORIES TOP/CAN
Canadian National Railway Co CNR.TO beat analysts' estimates for quarterly profit on Tuesday, as it transported higher volumes of crude oil and Canadian grain. RESEARCH HIGHLIGHTS RCH/CA
Canadian National Railway Co CNR.TO : JP Morgan raises price target to C$119 from C$116.
Imperial Oil Ltd IMO.TO : Morgan Stanley (NYSE:MS) cuts price target to C$42 from C$51.
Metro Inc MRU.TO : CIBC raises price target to C$48 from C$45.
COMMODITIES AT 6:55 a.m. ET COM/WRAP
Gold futures GCc2 : $1,315.4; +0.25 percent GOL/
US crude CLc1 : $53.8; +0.92 percent O/R
Brent crude LCOc1 : $61.92; +0.98 percent O/R
U.S. ECONOMIC DATA DUE ON WEDNESDAY
0815 ADP (NASDAQ:ADP) national employment for Jan: Expected 178,000; Prior 271,000.
1000 Pending Homes Index for Dec: Prior 101.4.
1000 Pending sales change mm for Dec: Expected 0.5 pct; Prior -0.7 pct.
1400 Fed funds target rate for Jan. 30: Expected 2.375 pct; Prior 2.375 pct.
1400 Fed interest on excess reserves for Jan. 30: Prior 2.40 pct.
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Canadian markets directory CANADA
($1 = C$1.32)