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CANADA STOCKS-TSX futures tick higher as investors await tariff updates
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CANADA STOCKS-TSX futures tick higher as investors await tariff updates
Jul 9, 2025 3:51 AM

July 9 (Reuters) - Futures linked to Canada's main stock

index edged higher on Wednesday with investors on the lookout

for trade and tariff updates.

Futures on Toronto's S&P/TSX index were up 0.1% by

06:03 a.m. ET (1003 GMT).

U.S. President Donald Trump announced steep copper tariffs

on Tuesday while threatening levies on semiconductors and

pharmaceuticals, broadening his trade war.

Trump has also postponed the deadline for tariff deals to

August 1, a date he called final, declaring there would be "no

more extensions."

Meanwhile, carmaker Nissan Motor ( NSANF ) halted production

of three models for Canada at its Tennessee and Mississippi

plants amid mutual tariffs imposed by the U.S. and Canada on

auto exports.

Safe haven gold hit over one-week low on a firmer

U.S. dollar. Oil prices edged higher after

shipping attacks in the Red Sea.

In company news, The Globe and Mail reported that asset

manager Blackstone and U.S. equity funds were in talks to buy

H&R assets with an activist investor pressuring the

real estate investment trust to sell.

The benchmark S&P/TSX composite index fell for a

second straight day on Tuesday with gold prices weighing on

metal shares while investors assessed tariffs on copper imports.

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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