Futures tracking Canada's main stock index rose on Wednesday, lifted by rising commodity prices, including a 2% jump in oil prices.
The TSX tumbled 219.51 points to finish Tuesday at 31,263.93.
The Canadian dollar dished off 0.18 cents to 72.52 cents U.S.
Futures were up 0.3% Wednesday.
U.S.-listed shares of Canadian cannabis companies Canopy Growth and Tilray Brands rose in premarket trading on Wednesday after a report said Trump was expected to sign an executive order to fast-track reclassification of the drug.
On the economic scene, Statistics Canada said foreign investors added $46.6 billion of Canadian securities to their holdings in October, the highest investment since March 2022.
Meanwhile, Canadian investors reduced their holdings of foreign securities by $11.6 billion in October, the first divestment since January 2025.
ON BAYSTREET
The TSX Venture Exchanged dipped 9.3 points, or 1%, Tuesday to 935.57.
ON WALLSTREET
Stock futures rose Wednesday after the S&P 500 posted a third losing session, as investors weighed newly released U.S. economic data.
Futures for the Dow Jones Industrials raced 106 points, or 0.2%, to 48,585.
Futures for the much broader index captured 18 points, or 0.3%, to 6,874.25.
Futures for the NASDAQ galloped 87.75 points, or 0.4%, to 25,468.
Warner Bros. Discovery’s board unanimously recommended that shareholders reject Paramount Skydance’s takeover bid and stick with Netflix’s proposal — which they called “superior.”
Netflix shares ticked higher by 1% in the premarket. Warner shed 1.8% along with Paramount.
On the economic front, Federal Reserve Governor Christopher Waller and New York Fed President John Williams are slated to speak on Wednesday morning.
Traders are also looking ahead to Thursday’s release of the consumer price index reading for November.
Overseas, the Nikkei 225 in Japan rebounded 0.3% Wednesday, while in Hong Kong, the Hang Seng Index hiked 0.9%.
Oil prices gained a dollar to $56.27
Gold prices brightened $24.80 to $4,357.10.
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