TSX futures dip as US strikes on Iran cloud peace hopes
Canadian stock futures edged down on Tuesday as fresh U.S. military strikes in Iran reduced expectations for a swift resolution to the Middle East conflict. While energy prices rose on supply concerns, investors remained cautious ahead of major bank earnings and upcoming regional trade negotiations.
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Canada stock futures fell 0.1% in early trade on May 26 as geopolitical tensions weighed on sentiment. The decline follows a record high for the S&P/TSX Composite Index reached during the previous afternoon. Renewed military action in the Middle East is disrupting global energy flows and cooling investor appetite for risk.
