Stock futures pointed to a higher opening for Canada's main stock index on Wednesday, the last day of 2014.
The S&P/TSX composite index stayed negative 23.88 points to conclude Tuesday at 14,640.04
The Canadian dollar eked up 0.08 cents to 86.21 cents U.S. early Wednesday.
As the Obama administration issued landmark guidelines expected to open the door for selling more domestic shale oil abroad, it also likely smoothed the way for more Canadian crude to be shipped through U.S. ports.
ON BAYSTREET
The TSX Venture Exchange gained 5.51 points Tuesday to 687.12.
ON WALLSTREET
U.S. stock futures are pointing to modest gains to kick off Wednesday's session.
Ahead of the opening bell, futures for the Dow Jones Industrials gained 22 points, or 0.1%, to 17,963. Futures for the S&P 500 picked up 3.5 points, or 0.2%, to 2,080.25, and futures for the NASDAQ advanced 5.75 points, or 0.1%, to 4,288.50.
This year the Dow is trading up nearly 9%, the S&P 500 has gained about 13% and the NASDAQ has rallied by more than 14%.
It's a light day for economic news, with just weekly jobless claims due out from the U.S. Department of Labor this morning.
European markets are moving higher in a shortened trading day.
Investors in China gave stocks a year-end boost, while many other Asian markets were closed for the holidays.
Buoyed by new trading rules, policy action to support the economy and hopes of more stimuli, the Shanghai Composite was the world's best performing major market in 2014, climbing more than 50%.
Oil prices dipped $1.14 to $52.98 U.S. a barrel
Gold prices fell $2.50 to $1,197.90 U.S. an ounce.
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