TSX futures rise as US and Iran near temporary truce
TSX futures rose as the U.S. and Iran neared a limited truce. Falling oil prices were offset by gold gains and a profit beat from Canadian Natural Resources.
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Canada stock futures rose 0.1% on May 7 as the United States and Iran neared a temporary truce. The S&P/TSX Composite Index reached a two-week high on May 6 following gains in financial and mining shares. A deal could reopen the Strait of Hormuz, lowering energy costs and shifting investor focus toward industrial growth.
