TSX futures gain on higher crude prices, eye manufacturing data

Futures for Canada's main stock index rose on Tuesday after a long weekend

  

Futures for Canada's main stock index rose on Tuesday after a long weekend, helped by gains in crude prices, with investors looking ahead to manufacturing data to gauge the pace of economic recovery.

Oil rose on expectation of a continuous decline in U.S. oil inventories, recouping some losses from the previous session due to lingering concerns over rising cases of the Delta coronavirus variant. 

September futures on the S&P/TSX index were up 0.6& at 7:00 a.m. ET.

Manufacturing sales data for July is due at 08:30 a.m. ET.

The Toronto Stock Exchange's S&P/TSX composite index ended 0.12% lower at 20,287.80 on Friday.

Dow Jones Industrial Average e-mini futures were up 0.5% at 7:00 a.m. ET, while S&P 500 e-mini futures were up 0.4% and Nasdaq 100 e-mini futures were up 0.14%.

($1= C$1.25)

(Reporting by Amal S in Bengaluru; Editing by Krishna Chandra Eluri) ((Amal.S@thomsonreuters.com; within U.S.+1 646 223 8780; outside U.S. +91 80 6749 3677;))


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