Canadian futures edge higher as TSMC record profits boost technology sector

Global technology markets advanced after record quarterly profits from TSMC. Gains in Canada were tempered by sharp declines in oil and precious metal prices.

洞察:
Taiwan Semiconductor Manufacturing Company reported record quarterly profits and predicted robust annual growth on Thursday, providing a significant boost to global technology stocks. In Canada CACA, March futures on the S&P/TSX Composite Index were up 0.10% as of 6:20 a.m. ET on January 15, 2026, as investors reacted to the positive guidance from the Taiwan TWTWbased firm. This recovery follows a period of deep declines in the technology sector seen on Wednesday, which occurred just before the market shifted focus to the stronger than expected earnings from the world's main producer of advanced AI chips.
The Art Deco facade of the original Toronto Stock Exchange building is seen on Bay Street in Toronto, Ontario, Canada on January 23, 2019. REUTERS/Chris Helgren
The Art Deco facade of the original Toronto Stock Exchange building is seen on Bay Street in Toronto, Ontario, Canada on January 23, 2019. REUTERS/Chris Helgren
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