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TSX futures fall amid focus on Wall Street earnings, BoC rate decision

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Corporate Earnings,Wall Street,Monetary Policy Decision

Futures tied to Canada's main stock index fell on Tuesday, mirroring Wall Street peers, as investors kept their focus on U.S. corporate earnings and the...

- Futures tied to Canada's main stock index fell on Tuesday, mirroring Wall Street peers, as investors kept their focus on U.S. corporate earnings and the upcoming Bank of Canada's monetary policy decision.Wall Street futures fell on Tuesday, as a jump in treasury yields pressured rate-sensitive stocks, while investors monitored corporate earnings for clearer market direction.

The materials sector could benefit from the rise in gold prices as U.S. election uncertainties, geopolitical tensions and rate cut expectations from central banks boosted the bullion's demand. In corporate news, transportation and logistics company TFI International reported its third-quarter results where it missed revenue and profit estimates.Martha Stewart Says She ‘Sadly’ Hasn’t Talked to Her Ex-Husband in ‘Over 20 Years’ Investing.com -- 3M Co. shares climbed more than 2.7% in premarket trading Tuesday after the company reported better-than-expected third-quarter earnings and revenue.

 

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