TORONTO (Reuters) - Toronto's main stock index could open lower Wednesday, following world markets, as commodity prices continue to drop and talk about the need for a second U.S. stimulus plan weighs on sentiment.
Economic jitters continued to sweep financial markets Wednesday, weakening stocks overseas, propelling the Japanese yen to a six-week high and dragging oil down to around $62 a barrel.
U.S. stock index futures pointed to a flat open on Wednesday, following steep losses the previous session, with investors nervous about the start of the corporate earnings season.
On Tuesday the S&P/TSX composite index closed down 183.08 points, or 1.83 percent, at 9,844.35, the second consecutive triple-digit point loss.
