09/02/2015 09:21 EDT | Updated 09/02/2016 01:12 EDT

Market futures point to positive open, Canadian dollar higher

TORONTO — The Canadian dollar was up and U.S. market futures positive before North American markets opened Wednesday, pointing to a partial rally from the previous day's declines..

The Dow Jones industrial futures were up 176.0 points at 16,263.0 before markets opened, while the S&P 500 futures advanced 21 points to 1,936.9 and Nasdaq futures gained 48.50 points to 4,206.8.

On Tuesday, Toronto's S&P/TSX composite index fell 377.22 points, or more than 2.7 per cent, to close at 13,481.90.

The loonie was up 0.11 of a cent at 75.74 cents US early Wednesday after falling about one-third of a cent on Tuesday.

On the commodity markets, the December gold contract fell $2.50 to US$1,137.30 an ounce, the October crude contract was up 34 cents at US$45.75 a barrel and the October contract for natural gas was up four cents at US$1.43.




The Canadian Press