In Tuesday's premarket update, we review the market's latest moves, with stock index futures trading down while commodities trend higher. We highlight Ford’s 5% dip following earnings and Trump Media’s continued rally. Key stocks like iShares TSX 60, Circle K, and Cameco (TSX:CCO) are discussed, showing mixed performance. Steel Dynamics approaches resistance, while inside days for major indices signal possible consolidation.
In the commodity space, energy stocks show weakness, with the TSX Energy ETF (NYSE:XLE) and S&P Energy ETF on sell signals, joined by gold and mining stocks GDX (NYSE:GDX) and XGD.
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