TSX set for muted open after three-day record run; gold and oil stocks to limit declines

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TSX set for muted open after three-day record run; gold and oil stocks to limit declines
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Explore stories from Atlantic Canada.

- Futures for Canada's main stock index were muted on Tuesday as investors took a breather after the index notched record closing highs in the past three sessions while an upward trend in commodity prices kept declines in check.Across the border, U.S. stock futures dipped, hurt by sharp losses in shares of health insurers, while investors awaited economic data and comments from Federal Reserve officials for hints on the timing of interest rate cuts.

Global oil benchmark Brent rose above $88 a barrel for the first time since October as oil supplies faced fresh threats with escalating geopolitical tensions globally.

 

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