TSX Futures Muted as Oil Prices Rise and Tensions Persist
TSX futures are flat as rising oil costs and Middle East tensions weigh on sentiment. Air Canada suspended its forecast while Magna beat profit estimates.
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Canada stock futures traded flat on Friday morning as June S&P/TSX contracts rose 0.07% in thin volume. The benchmark index gained 3.65% in April, recovering losses from March despite escalating Middle East tensions. Investors are balancing robust corporate earnings against inflationary pressures from West Texas Oil prices.
