The major US stock indices are set to open higher as implied by the futures:S&P index up 23.5 points or 0.45%. Yesterday the index rose 7.94 points or 0.15%Dow Jones up 125 points or 0.32%. Yesterday the index rose 140.26 points or 0.36%NASDAQ up 138 points or 0.74%. Yesterday the index rose 28.38 points or 0.17%.The Bank of Canada interest rate decision will be released at 9:45 AM ET. The Bank of Canada (BoC) is expected to cut rates by 25 basis points at its June 5th meeting, bringing the key rate to 4.75%. This view is supported by 22 out of 29 analysts surveyed by Reuters, although seven analysts predict rates will remain at 5.00%. Recent data shows inflation falling within the BoC's tar
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