TSX Futures Slide Amid Rising Yields, Oil Prices Ahead of Fed Meeting
Futures linked to Canada's main stock index ticked lower on Tuesday due to rising government bond yields and oil prices.
The S&P/TSX 60 index standard futures contract fell by 3 points, or 0.2%, as of 07:05 ET (11:05 GMT).
The materials sector retreated, with gold and metals sinking on growing bets that the Federal Reserve will tighten policy this week.
Oil prices surged after Saudi Arabia's closure of its east-west pipeline, which functions as an alternative to the Strait of Hormuz.