TSX futures climb lifted by strong gold prices

TSX futures climb lifted by strong gold prices

(Reuters) – Strong gold prices boosted Canada’s main stock index futures on Monday, as caution ahead of the U.S. presidential election bolstered demand for the precious metal. Gold prices rose 0.47% to $1888.7 per ounce.

December futures on the S&P/TSX index were up 0.9% at 7:00 a.m. ET.

Canada’s October manufacturing activity data is due at 09:30 a.m. ET.

The Toronto Stock Exchange’s S&P/TSX composite index ended 0.57% lower at 15,580.64 on Friday.Dow Jones Industrial Average e-mini futures were up 1.66% at 7:00 a.m. ET, while S&P 500 e-mini futures were up 1.38% and Nasdaq 100 e-mini futures were up 1.05%.ANALYST RESEARCH HIGHLIGHTSAtco Ltd: National Bank of Canada cuts target price to C$45 from C$46Mav Beauty Brands Inc: Canaccord Genuity raises rating to "buy" from "hold"SNC-Lavalin Group Inc: ATB Capital Markets cuts target price to C$41 from C$42(Reporting by Amal S in Bengaluru; Editing by Amy Caren Daniel)

About the author: StockMan
Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.
Posting Guidelines
Do
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!

Comments

No comments yet