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CANADA STOCKS-TSX futures rise as investors buy the dip, assess corporate results
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CANADA STOCKS-TSX futures rise as investors buy the dip, assess corporate results
Aug 6, 2025 3:54 AM

Aug 6 (Reuters) - Futures linked to Canada's main stock

index ticked up on Wednesday, as investors bought the dip after

Friday's sell-off and assessed more corporate earnings.

Futures on the S&P/TSX index were up 0.2% by 06:15

a.m. ET (1015 GMT), rising for a second consecutive day, after

the TSX posted its biggest decline in 10 weeks on Friday.

Canadian ministers held a "productive" meeting with Mexican

President Claudia Sheinbaum, Canada's top diplomat said, as the

two nations prepare to navigate U.S. President Donald Trump's

shifting trade and tariff policies.

Prime Minister Mark Carney said Canada would provide up to

C$1.2 billion ($870 million) to softwood lumber producers in

response to U.S. countervailing and anti-dumping duties.

With the earnings season in full swing, investors will also

look out for the quarterly results from major players including

e-commerce platform Shopify ( SHOP ), WSP Global ( WSPOF ) and

Nutrien ( NTR ), due later in the day.

Meanwhile, Toronto home sales posted their biggest increase

in nine months for July with prices edging lower, according to

Toronto Regional Real Estate Board data.

In commodities, gold prices inched lower on a firm

dollar, while copper rates were lifted amid Chile supply

worries. Oil prices climbed as Trump continued to

threaten India for buying Russian crude oil.

The TSX index on Tuesday posted a new record high,

notching its biggest gain in over four months, boosted by

materials and technology shares.

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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