TSX Futures Slide as Oil Prices Soar Ahead of Inflation Data

Futures linked to Canada's main stock index dropped by 0.3% early Thursday, ahead of key U.S. inflation data that could inform Federal Reserve monetary policy decisions.

The S&P/TSX Composite Index closed at its lowest level since September 1 on Wednesday, finishing down 0.6% at 35,906.56.

Brent crude futures surpassed $102 a barrel as tensions in the Middle East escalated, pushing oil prices higher and reviving fears of an extended energy shock.