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Markets

TSX futures rise as Sino-U.S. trade concerns ease

The Toronto Stock Exchange's TSX closed 0.78pc lower to 16,293.95 on Tuesday. Chinese officials are offering t
Published October 9, 2019
  • The Toronto Stock Exchange's TSX closed 0.78pc lower to 16,293.95 on Tuesday.
  • Chinese officials are offering to increase annual purchases of U.S. agricultural products as the two countries seek to resolve their trade dispute.

Futures for Canada's main stock index pointed to a higher opening on Wednesday, after latest media reports eased U.S.-China trade worries.

Bloomberg reported China remained open to signing a partial trade deal with the United States despite being put on the tech blacklist.

A Financial Times report, citing unnamed sources, said Chinese officials are offering to increase annual purchases of U.S. agricultural products as the two countries seek to resolve their trade dispute.

December futures on the S&P/TSX index were up 0.44pc at 7:00 a.m. ET.

The Toronto Stock Exchange's TSX closed 0.78pc lower to 16,293.95 on Tuesday.

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