TSX futures climb on strong Canadian bank earnings
TSX futures rose as Scotiabank and BMO reported higher profits. Investors are tracking Middle East tensions and upcoming North American trade negotiations.
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June futures for the S&P/TSX index rose 0.61% in the early morning as Canada investors tracked a wave of bank earnings. The advance follows profit beats from major lenders despite geopolitical tensions and a cooling domestic housing market. Strong capital markets performance is offsetting consumer debt struggles, providing a buffer for the Canadian equity benchmark.
