Futures tracking Canada's blue-chip stocks edged lower on Tuesday as oil fell on easing supply concerns, while gold prices dropped amid expectations that the U.S. Federal Reserve could hike interest rates.
The TSX Composite Index gained 144.84 to wrap up Monday at 35,002.18.
June futures withered 1.2% Tuesday.
The Canadian dollar slid 0.14 cents at 70.48 cents U.S.
E-commerce platform Shopify Inc will ban all vapes from its platform as soon as this week following pressure from a group of U.S. state attorneys general aiming to curb sales of illegal e-cigarettes online, according to two sources familiar with its plans.
ON BAYSTREET
The TSX Venture Exchange decreased 6.17 points Monday to 948.54.
ON WALLSTREET
U.S. stocks were set to open sharply lower Tuesday as a tech selloff that began during the prior session picked up steam overnight, with global markets in Asia routed as memory chip-related shares tumbled.
Futures for the Dow Jones Industrials wavered 207 points, or 0.4%, to 51,912.
Futures for the S&P 500 index retreated 99.25 points, or 1.3%, to 7,442.
Futures for the NASDAQ Composite capsized 856.75. or 2.8%, to 29,796.75, dragged down by shares of Alphabet primarily.
U.S.-traded Micron Technology then followed suit in early U.S. trading, with the memory chipmaker down 7% in pre-market action. Sandisk fell more than 8% while components maker Seagate Technology also shed around 7%. Intel pulled back nearly 7%, while Advanced Micro Devices and Qualcomm lost more than 6% each.
In Japan, the Nikkei 225 dived 3.6% Tuesday, while in Hong Kong, the Hang Seng skidded 1.8%.
Oil grabbed 37 cents to 73.49 cents U.S. a barrel.
Gold prices dulled $69.30 to $4.113.40 U.S an ounce.
