TSX Futures Dip Ahead of Inflation Report Amid Rising Oil Prices
Futures tracking Canada's main stock index, the TSX, inched lower on Monday ahead of August CPI data. The TSX had restored 191.21 points to close Friday at 35,697.49.
Rising crude prices rekindled inflation worries, while weaker gold prices dampened sentiment. The Canadian dollar handed over 0.15 cents to 71.96 cents U.S.
Futures slid 0.2% Monday morning. The tech sector will remain in focus as AI-linked stocks on Wall Street fell in premarket trading after the heads of Anthropic and OpenAI warned that the pace of AI development needed to slow down.