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Futures for Canada’s benchmark stock index climbed higher on Wednesday supported by an uptick in crude oil, precious and base metals prices, while investors were hopeful of inflation cooling in the United States. The TSX jumped 41.79 points to conclude Tuesday at 19,898.86. Futures on the S&P/TSX index improved 0.2% Wednesday morning. The Canadian dollar gave back 0.02 cents to 74.43 cents U.S. Aritzia Inc is expected to report third-quarter earnings after markets close. The Panama government doubled down on its order that metal miner First Quantum Minerals should halt operations at its flagship local copper mine, since it had been operating without a contract since 2017. ON BAYSTREET The TSX Venture Exchange soared 7.57 points, or 1.3%, Tuesday to 594.25. ON WALLSTREET Stock futures rose Wednesday as Wall Street looked to build on what has been a positive start to 2023 so far. Futures for the Dow Jones Industrials gained 83 points, or 0.3%, early Wednesday to 33,931. Futures for the S&P 500 picked up 12.5 points, or 0.3%, to 3,953.25. Futures for the NASDAQ Composite took on 34 points, or 0.3%, to 11,316. The moves come after the NASDAQ rose 1.01% on Tuesday to clinch its first […]
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