TSX futures inch up on commodity boost; US earnings in focus

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 29 sec. here
  • 31 min. at publisher
  • 📊 Quality Score:
  • News: 116%
  • Publisher: 78%

Kitco News News

Gold,Silver,Platinum

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

Oct 29 - Futures tied to Canada's main stock index rose on Tuesday on higher crude and precious metal prices, while investors awaited a deluge of major corporate earnings from the United States.Energy shares could rebound as oil prices gained after tumbling 6% on Monday, helped by a U.S. plan to buy oil for the Strategic Petroleum Reserve.

The TSX composite index , ended higher on Monday in a broad rally led by consumer goods, healthcare and financials sectors, which helped snap a five-day losing streak. Across the border, investors kept their eyes on Google parent Alphabet's , quarterly results later in the day, commencing this week's earnings for five members of the so-called"Magnificent Seven" group.

Adding to the anticipation was the upcoming U.S. presidential election, which is in its final stretch, with betting markets favoring Donald Trump's victory.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Kitco News: A Deep Dive into the World of FinanceLearn about Kitco News, a reliable source for market news and analysis covering commodities, cryptocurrencies, mining, metals, and more. Discover their commitment to accuracy, objectivity, and in-depth reporting.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »