Baystreet.ca - Futures linked to Canada's main stock index were subdued on Tuesday as a decline in crude prices offset the gains in gold, while investors kept a tab on the Bank of Canada's monetary policy meeting due on Wednesday.
The TSX Composite Index rebounded 182.26 points Monday to 22,872.65.
The Canadian dollar were virtually unchanged at 72.67 cents U.S.
September futures were flat Tuesday.
Financial services firm Goeasy announced the pricing of a previously declared offering of senior unsecured notes and upsized it to $200 million.
ON BAYSTREET
The TSX Venture Exchange recovered 1.96 points to greet Monday’s closing bell at 582.05.
ON WALLSTREET
Stock futures were little changed Tuesday, with traders readying for earnings reports from major companies after the benchmark posted its best day in more than a month.
Futures for the Dow Jones Industrials advanced 26 points, or 0.1%, to 40,718.
Futures for the S&P 500 index grabbed four points, or 0.1%, at 5,614.25.
Futures for the NASDAQ Composite dipped 7.25 points to 19,993.75.
Google-parent Alphabet (NASDAQ:GOOGL) and Tesla (NASDAQ:TSLA) are due to report earnings after the bell. Those reports will mark the Street’s first look at how major tech-related names fared during the second quarter.
Meanwhile, General Motors (NYSE:GM) posted second-quarter results that easily beat analyst expectations and boosted shares about 5%. UPS missed on the top and bottom lines, sending the stock down 7%.
Those moves follow a winning day on Wall Street, as technology stocks rebounded from last week’s sell-off. The S&P 500 rose more than 1% for its best session since early June, while the Dow ticked higher by 0.3%.
Given this theme, the tech-heavy NASDAQ outperformed with a 1.6% climb. The S&P 500 was led higher by the information technology and communication services sectors, which gained roughly 2% and 1.2%, respectively.
In Japan, the Nikkei 225 fell less than 0.1% Tuesday, while in Hong Kong, the Hang Seng index docked 0.9%.
Oil prices sank 42 cents to $77.98 U.S. a barrel.
Gold prices improved $14.90 to $2,409.60.