TSX Futures Muted Amid Middle East Tensions and High Oil

TSX futures are flat as Middle East tensions keep oil prices high. The index tracks a second weekly loss ahead of Canadian jobs data and US inflation reports.

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Futures for the primary stock index in Canada remained largely unchanged on Friday morning as investors monitored the economic implications of persistent Middle East tensions. The S&P/TSX composite index is currently on track to record its second consecutive weekly decline, pressured by elevated crude oil prices and global inflation concerns. March futures on the S&P/TSX composite index edged up 0.07% as of early morning, while futures for major indexes in the United States showed mixed results.

The historic building of the Toronto Stock Exchange located on Bay Street in Toronto. REUTERS/J.P. Moczulski
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