Futures for Canada’s main stock index pointed to a higher opening on April 9 after oil prices rose and officials in U.S. President Donald Trump’s administration played down fears of a trade war with China.
Trump’s chief economic adviser, National Economic Council Director Larry Kudlow said in an interview on April 8 the ongoing spat “might turn out to be very benign.”
June futures on the S&P TSX index were up 0.73% at 7:15 a.m. ET.
Canada’s main stock index fell on April 7 in a broad-based decline led by energy and financial shares as renewed U.S.-China trade tensions stoked investors’ worries.
Dow Jones Industrial Average e-mini futures were up 0.66% at 7:15 a.m. ET, while S&P 500 e-mini futures were up 0.57% and Nasdaq 100 e-mini futures were up 0.77%.
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