(Reuters) – Futures for Canada’s main stock index were subdued on Tuesday ahead of earnings updates from Big Tech companies in the United States, domestic GDP data and the Federal Reserve’s interest rate decision later this week.
March futures on the S&P/TSX index were down 0.2% at 7:14 a.m. ET (12:14 GMT).
Futures on Wall Street’s main indexes were also muted ahead of crucial jobs report.
The materials sector is expected to gain as gold prices ticked up on a weaker dollar and lower Treasury yields, while copper edged higher on hopes of more economic support from China.
The U.S. Labor Department’s job openings data, due at 10 a.m. ET, could provide some insight on the state of the American labor market and the Fed’s direction on interest rate cuts. The U.S. central bank is scheduled to meet on Wednesday.
Investors will also monitor the…
