Jan 4 (Reuters) - Futures pointed to a higher opening for Canada's main stock index on Friday, as oil prices rose on the upcoming Sino-U.S. trade talks and a survey that showed an expansion in China's services sector in December.
March futures on the S&P/TSX index SXFc1 were up 0.96 percent at 7:00 a.m. ET.
Oil rose to around $57 a barrel, also supported by a Reuters survey that showed that the Organization of the Petroleum Exporting Countries cut crude output in December. Canada's jobs data, unemployment rate and producer price numbers are due at 8:30 a.m. ET.
The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE closed 134.41 points, or 0.94 percent, down at 14,212.75 on Thursday.
Dow Jones Industrial Average e-mini futures 1YMc1 were up 1.3 percent at 7:00 a.m. ET, while S&P 500 e-mini futures ESc1 were up 1.4 percent. Nasdaq 100 e-mini futures NQc1 were up 1.7 percent. .N
TOP STORIES TOP/CAN
Canada said on Thursday that 13 of its citizens have been detained in China since Huawei Technologies Chief Financial Officer Meng Wanzhou was arrested last month in Vancouver at the request of the United States. entity controlled by Hudson's Bay HBC.TO Chairman Richard Baker will buy the stake owned by a unit of Ontario Teachers' Pension Plan Board in the Canadian retailer, according to L&T B Cayman Inc, a top shareholder in Hudson's Bay and a joint buyer. Idaho Public Utilities Commission has rejected Canadian electric utility Hydro One's H.TO proposed C$6.7 billion acquisition of Avista Corp AVA.N , the companies said on Thursday. RESEARCH HIGHLIGHTS RCH/CA
Altagas Canada Inc ACI.TO : TD Securities cuts to "hold" from "buy"
Stingray Group Inc RAYa.TO : Desjardins cuts target price to C$9 from C$11
COMMODITIES AT 7:00 a.m. ET COM/WRAP
Gold futures GCcv1 : $1,293.1; 0.13 pct GOL/
US crude CLc1 : $48.15; +2.25 pct O/R
Brent crude LCOc1 : $57.3; +2.41 pct O/R
U.S. ECONOMIC DATA DUE ON FRIDAY
0830 Non-farm payrolls for Dec: Expected 177,000; Prior 155,000
0830 Private payrolls for Dec: Expected 175,000; Prior 161,000
0830 Manufacturing payrolls for Dec: Expected 20,000; Prior 27,000
0830 Government payrolls for Dec: Prior -6,000
0830 Unemployment rate for Dec: Expected 3.7 pct; Prior 3.7 pct
0830 Average earnings mm for Dec: Expected 0.3 pct; Prior 0.2 pct
0830 Average earnings yy for Dec: Expected 3.0 pct; Prior 3.1 pct
0830 Average workweek hours for Dec: Expected 34.5 hrs; Prior 34.4 hrs
0830 Labor force participation for Dec: Prior 62.9 pct
0830 U6 underemployment for Dec: Prior 7.6 pct
0945 Markit Composite Final PMI for Dec: Prior 53.6
0945 Markit Services PMI Final for Dec: Prior 53.4
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