Futures for Canada’s main stock index were muted on Tuesday as investors took a breather after the index notched record closing highs in the past three sessions while an upward trend in commodity prices kept declines in check.
June futures on the S&P/TSX index (SXFcv1) were flat at 7:01 a.m. ET (11:01 GMT).
Across the border, U.S. stock futures dipped, hurt by sharp losses in shares of health insurers, while investors awaited economic data and comments from Federal Reserve officials for hints on the timing of interest rate cuts.
Monthly readings of factory orders and job openings in the U.S. are due at 10:00 a.m. ET and could provide some insight into the health of the American economy and guide expectations for interest rate cuts later in the year.
Investors will also monitor comments from Fed speakers later in the day.
In commodities news, Spot gold prices GOLD hit a fresh record high on demand from momentum-following funds while…
