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TSX Futures Fall as Oil Rebounds

Canadian stock futures dropped as oil prices rebounded amid fading Middle East peace hopes and rising inflation concerns. Investors also focused on the US midterm elections and upcoming remarks from Bank of Canada Governor Tiff Macklem.

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FILE PHOTO: A Canadian dollar coin, commonly known as the "Loonie", is pictured in this illustration picture taken in Toronto, January 23, 2015. REUTERS/Mark Blinch/File Photo

Futures in Canada fell 0.4% during Tuesday morning trade as West Texas Oil rebounded nearly 1% following fading Middle East peace hopes. The S&P/TSX index pulled back from Monday's gains as investors weighed the energy shift.