Canadian Stock Futures Decline as Commodity Prices Slump on Global Market Moves

Canadian stock futures dropped as a broad selloff in metals and energy weighed on markets. The move follows the index's longest winning streak since 2017.

Insights:
Futures linked to the main stock index in Canada CACAfell on Monday, Feb. 2, 2026, as a sharp retreat in commodity prices pressured the resource-heavy benchmark. March futures on Toronto’s S&P/TSX Composite Index were down 0.42% as of 5:45 a.m. ET, coming after the market registered its ninth straight monthly advance in January. This winning streak was the longest for the index since 2017, though the market recently recorded its biggest single-day drop since April on the prior Friday.
FILE PHOTO: The Art Deco facade of the original Toronto Stock Exchange building is seen on Bay Street in Toronto, Ontario, Canada January 23, 2019. REUTERS/Chris Helgren/File Photo
FILE PHOTO: The Art Deco facade of the original Toronto Stock Exchange building is seen on Bay Street in Toronto, Ontario, Canada January 23, 2019. REUTERS/Chris Helgren/File Photo
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