Canadian futures edge higher as TSMC record profits boost technology sector
Global technology markets advanced after record quarterly profits from TSMC. Gains in Canada were tempered by sharp declines in oil and precious metal prices.
Insights:
Taiwan Semiconductor Manufacturing Company reported record quarterly profits and predicted robust annual growth on Thursday, providing a significant boost to global technology stocks. In Canada 
CA, March futures on the S&P/TSX Composite Index were up 0.10% as of 6:20 a.m. ET on January 15, 2026, as investors reacted to the positive guidance from the Taiwan 
TWbased firm. This recovery follows a period of deep declines in the technology sector seen on Wednesday, which occurred just before the market shifted focus to the stronger than expected earnings from the world's main producer of advanced AI chips.
CA, March futures on the S&P/TSX Composite Index were up 0.10% as of 6:20 a.m. ET on January 15, 2026, as investors reacted to the positive guidance from the Taiwan TWbased firm. This recovery follows a period of deep declines in the technology sector seen on Wednesday, which occurred just before the market shifted focus to the stronger than expected earnings from the world's main producer of advanced AI chips.
