empty
 
 

05.02.202613:54:25UTC+00TSX Futures Slip on Tech and Mining Weakness

On Thursday, futures linked to the S&P/TSX Composite Index declined, influenced by persistent struggles in software stocks and a renewed decline in precious metal prices. Investor sentiment was impacted by the ripple effects of this week's selloff in software stocks, following Shopify's 4% drop in the previous session. Concurrently, gold prices reversed earlier gains, negatively affecting mining companies. Oil prices also fell significantly after the United States and Iran agreed to hold talks in Oman on Friday, alleviating concerns about regional supply disruptions and putting pressure on energy stocks. Additionally, market participants are eagerly anticipating fourth-quarter 2025 earnings results today from companies including Constellation Software, BCE, Saputo, and Telus. In a related development, Barrick has announced plans to spin off its premier North American gold assets through an initial public offering later this year, marking a strategic realignment for the company.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In February we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback