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CANADA STOCKS-Toronto futures tick higher as oil gains; Mideast tensions linger 
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CANADA STOCKS-Toronto futures tick higher as oil gains; Mideast tensions linger 
Aug 4, 2026 4:08 AM

Aug 4 (Reuters) - Futures tracking Canada's commodity-heavy

stock index edged higher on Tuesday as oil climbed against

uncertainty over the Middle East conflict, while gold prices

were steady.

September futures tracking the S&P/TSX Composite index

were up 0.7% at 06:00 a.m. ET, with domestic markets set

to open after a long holiday weekend.

Here are some details:

* Oil prices rebounded as a diplomatic resolution to the

Middle East conflict remained uncertain, while disruptions to

energy flows through key shipping routes persisted.

* Brent crude futures rose 2.8% after dropping 7% in

the previous session to a three-week low, while West Texas

Intermediate Crude gained 2.4%.

* Gold prices were steady as investors weighed mixed signals

over the U.S. Federal Reserve's interest-rate path and monitored

ongoing developments in the Middle East, while copper prices

advanced, supported by falling inventories.

* Spot gold was little changed at $4,048.84 per

ounce, while silver gained 0.9%.

* Investors were also digesting second-quarter results from

specialty semiconductor producer 5N Plus ( FPLSF ), which topped

earnings estimates late on Monday.

* Meanwhile, at least three brokerages downgraded Telus ( TU )

after the telecom provider's quarterly results.

* A host of energy firms and miners including Suncor Energy ( SU )

and Orla Mining, among others, are set to

report quarterly results after the bell.

* On Friday, the benchmark index dipped as a slump in gold

prices weighed on mining shares, although it still notched a

fourth consecutive monthly gain.

FOR CANADIAN MARKETS NEWS, CLICK ON CODES:

TSX market report

Canadian dollar and bonds report

Reuters global stocks poll for Canada

Canadian markets directory

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