TSX Futures Rise Ahead of Federal Reserve Decision

Futures tied to Canada's main stock exchange, the TSX, rose by 10 points, or 0.5%, as investors await the Federal Reserve's interest rate decision.

The S&P/TSX composite index dropped by 0.3% to end at 35,582.07 on Tuesday after declining to its lowest intraday level since July 31.

Analysts pointed out that a surge in government bond yields, fueled by rising oil prices, had weighed on sentiment and reflected similar pressures affecting equities on Wall Street.