Sept 24 (Reuters) - Futures linked to Canada's main
stock index edged higher on Wednesday, after the index fell in
the previous session despite posting an intraday record high.
Futures for the S&P/TSX index rose 0.2% to
1,765.40 points by 06:19 a.m. ET (1019 GMT), a day after the
index crossed the 30,000 threshold for the first time.
Canadian Prime Minister Mark Carney said he had
"constructive" trade talks with Chinese Premier Li Qiang with
both countries seeking to discuss trade conflicts.
Canada has imposed tariffs on imports of China-made electric
vehicles and steel and aluminum since last year, with Beijing
retaliating with levies on Canadian canola imports.
Separately, Carney said trade negotiations with the U.S.
were ongoing, with remaining issues to move to a forthcoming
review of the United States-Mexico-Canada trade agreement.
Meanwhile, Bank of Canada Governor Tiff Macklem expressed
concern on Tuesday about U.S. President Donald Trump's pressure
tactics on the U.S. Federal Reserve.
In company news, Manulife Financial Corp's ( MFC ) wealth
and asset management arm said it had signed an agreement to buy
UK asset manager Schroders' business in Indonesia.
The Trump administration is seeking an equity stake of as
much as 10% in Lithium Americas ( LAC ), two people told
Reuters. American-listed shares of the company soared as
much as 60% in premarket trading.
Bank of Montreal ( BNKD ) launched a process to sell some
of its U.S. branches with about $6 billion in deposits, the Wall
Street Journal reported on Tuesday.
In commodities, gold continued to trade near record
highs, while copper and iron ore were little
changed. Oil prices inched up on concerns of
tightening supplies.
FOR CANADIAN MARKETS NEWS, CLICK ON CODES:
TSX market report
Canadian dollar and bonds report
Reuters global stocks poll for Canada
Canadian markets directory