TSX futures tick up on strength in commodities

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TSX futures tick up on strength in commodities
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Weather’s role in wildfires in Atlantic Canada | SaltWire #weather #climatechange #wildfireseason - Futures for Canada's main stock index inched upwards on Monday, indicating an upbeat start to the week, as copper prices moved higher, while investors await key economic data scheduled for later in the week to assess the interest rate cut trajectory for this year.

Investors will have their eye on a tranche of data from the U.S., scheduled for later this week including the consumer prices data, April retail sales and weekly jobless claims investor focus. Canada's wholesale trade and manufacturing sales figures for March will also be on inverstor's radar. The Toronto Stock Exchange's S&P/TSX composite index ended down 66.9 points, or 0.3%, at 22,308.93 on Friday, after it touched an intraday record high.

Dow e-minis up 0.07% at 7:05 a.m. ET, while S&P 500 e-minis were up 0.14% and Nasdaq 100 e-minis were up 0.25%. Brent crude: $83.16; +0.5% It has been our privilege to have the trust and support of our East Coast communities for the last 200 years. Our SaltWire team is always watching out for the place we call home. Our 100 journalists strive to inform and improve our East Coast communities by delivering impartial, high-impact, local journalism that provokes thought and action.

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