
The S&P/TSX 60 futures contract rose 0.1% as traders awaited Canadian growth figures and monitored energy prices.
Futures tied to Canada’s main stock index rose 0.1% Tuesday as investors waited for GDP data due later in the day. The S&P/TSX 60 standard futures contract was up 3 points by 6:47 a.m. ET.
The figures may offer insight into how Canada’s economy is handling trade tensions with the U.S. and an energy-price shock linked to the war in Iran. Energy prices have been fluctuating.
On Monday, the S&P/TSX composite index ended at its lowest level in almost two months. Materials and financials weighed heavily on the index.
U.S. futures were mixed early Tuesday. By 6:07 a.m. ET, Dow futures had fallen 0.1%, S&P 500 futures were little changed and Nasdaq 100 futures had gained 0.1%.
Wall Street’s main indexes fell in the prior session as bond yields climbed. The 10-year Treasury yield reached a new 19-year high, while the 30-year rate rose to its highest since 2004.
This article was produced with the help of AI technology.
Source: Yahoo Finance