Futures linked to Canada's S&P/TSX Composite Index edged higher on Tuesday, leaving the benchmark less than 0.5% below the record high reached on March 2. Sentiment remained supported by expectations of solid earnings growth, even as investors weighed ongoing macroeconomic risks.
Benchmark crude oil prices extended their recent pullback, reflecting caution amid uncertainty over whether the current ceasefire will hold later this week following renewed threats from U.S. President Trump. Gold prices were similarly subdued on the back of an unclear outlook for North American inflation, keeping mining and energy shares largely range-bound.
In contrast, technology stocks traded firmly higher as investors continued to boost their exposure to AI-related names, with Shopify holding in positive territory in premarket trading.
