TSX Futures Rise as Crude Gains on Middle East Tensions
Canadian stock futures rose slightly on Monday as crude oil prices jumped over 3% following reports of fresh hostilities in the Middle East. The energy sector remains the top performer on the TSX this year while investors await manufacturing data and the upcoming U.S. jobs report.
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Canada stock futures rose 0.1% on Monday morning as surging energy prices offset geopolitical instability in the Middle East. The S&P/TSX index is approaching the 35,000-point milestone following a second consecutive monthly gain in May. Investors are balancing record-high equity valuations against supply risks and upcoming manufacturing data.
