* TSX futures down 0.2%
* Oil slips, gold climbs
June 26 (Reuters) - Futures tracking Canada's blue-chip
stocks edged lower on Friday, tracking broader tech weakness on
Wall Street that has overshadowed upbeat AI demand signals from
Micron and Qualcomm ( QCOM ), while falling oil prices
added further pressure.
September futures on the S&P/TSX index were down 0.2%
at 7:02 a.m. ET (1102 GMT), with the benchmark on track for a
weekly loss.
* On Wall Street, technology stocks reversed early gains as
worries about hyperscaler AI spending outweighed upbeat demand
signals from Micron and Qualcomm ( QCOM ).
* The U.N. International Maritime Organization paused its
operation to escort ships through the Strait of Hormuz on
Thursday after a vessel reported an attack, reigniting concerns
about whether a preliminary deal to end the Iran war would hold.
* Oil prices fell more than 3% on easing supply concerns as
more stranded oil tankers exited the Strait of Hormuz.
* Spot gold rose 0.9% as recent U.S. inflation data
weighed on the dollar, prompting markets to slightly trim
rate-hike bets.
* Canada's S&P/TSX Composite Index ended higher on
Thursday as metals and mining and industrial stocks boosted the
index.
* Separately, Canada and Japan are working on a range of
mining projects, including potential joint stockpiling, Canada's
trade minister told Reuters, as Japan moves to diversify
supplies of critical minerals and reduce dependence on China.
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