TSX Futures Drop as Middle East Tensions Impact Commodities
TSX futures fell Monday as Middle East tensions pushed oil above 100 dollars. Lower gold prices and a fatal Air Canada Express crash pressured the market.
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Futures linked to the resource-heavy stock index in Canada retreated on Monday as escalating geopolitical risks in the Middle East propelled oil prices upward while pressuring precious metals. June futures on the S&P/TSX composite index fell 1% by early morning, following a period of sustained volatility that has seen the index lose nearly 9% since the onset of regional hostilities.
