TSX Futures Rise on Lower Oil Prices
Canadas stock futures edged higher as easing oil prices improved market sentiment. Investors now await upcoming United States inflation data for clues on monetary policy.
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Futures tracking Canada's blue-chip stocks edged higher during Friday morning trading, rising 0.42% as easing oil prices improved investor sentiment. The rebound puts the index on track to snap a four-day losing streak after hitting a nearly six-week low. Markets are recovering following reports of potential diplomatic progress in the Middle East ahead of key economic data from the United States.
