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

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 31 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 63%

Bank Of Canada News

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.

 

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

 /  🏆 47. in US

United States United States Latest News, United States United States Headlines

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

Wall Street rises as focus turns to inflation data, earningsThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »