Futures for Canada’s main stock index rose more than 1.3 per cent on Tuesday as Treasury yields stepped back upon pacifistic comments from the Federal Reserve. Fed officials indicated that rising yields on long-term U.S. Treasury bonds could steer the central bank from further increases in its short-term policy rate. The energy sector saw the most activity while losses in healthcare and tech stocks capped gains. Concerns about the conflict between Israel and the Palestinian Islamist group Hamas still linger.
U.S. stock futures also rose, moving opposite of Treasury yields, as Wall Street assessed the impact and risks of a protracted conflict from the Israel-Hamas war.
| TSX | 19,501.20 | +255.13 |  |
| TSXV | 534.09 | +0.55 | |
| CSE | 177.19 | +0.59 | |
| DJIA | 33,739.30 | +134.65 | |
| NASDAQ | 13,562.84 | +78.61 | |
| S&P 500 | 4,359.56 | +23.90 | |
The Canadian dollar traded for 73.65 cents U.S., compared to 73.21 cents U.S. on Friday.
U.S. crude futures traded $0.56 lower at $85.82 a barrel, and the Brent contract lost $0.59 to $87.56 a barrel.
The price of gold was down US$2.42 to US$1,860.15.
In world markets, the Nikkei was up 751.86 points to 31,746.53, the Hang Seng was up 147.33 points to 17,664.73, the FTSE was up 136.00 points to 7,628.21, and the DAX was up 295.41 points to 15,423.52.
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