Futures tracking Canada's main stock index edged lower on Friday, as investors awaited U.S. January inflation data for cues on the Federal Reserve's policy path.
The TSX cratered 788.31 points, or 2.4%, to conclude Thursday at 32,465.88.
March futures dipped 0.07% Friday.
Agnico Eagle reported quarterly profit above estimates on higher gold prices. Air Canada forecast 2026 core profit marginally above estimates.
Markets will be shuttered Monday, in Canada, for Family Day, in the U.S., for Presidents’ Day.
ON BAYSTREET
The TSX Venture Exchange sank 52.51 points, or 5.1%, Friday to 983.21.
ON WALLSTREET
Stock futures slipped on Friday, a day after a downbeat day for the U.S. stock market, as traders looked ahead to a key consumer inflation report.
Futures for the Dow Jones Industrials withered 157 points, or 0.3%, to 49,366.
Futures for the much broader index dropped 22 points, or 0.3% to 6,829.
Futures for the NASDAQ fell 78 points, or 0.3%, to 24,690.
The three major averages are on pace for weekly losses, with the S&P 500 and Dow off more than 1% through Thursday’s close. The NASDAQ is on track for a 1.9% decline in the period.
Semiconductor giant Applied Materials jumped 11% in early trading on the back of strong earnings results and encouraging outlook. Airbnb shares rose 6% as investors cheered the rental company’s upbeat guidance.
Pinterest shares, by contrast, slipped 20% after the company posted fourth-quarter results that missed expectations and issued a weak forecast.
Each of the “Magnificent Seven” tech giants closed in the red. A 12% slide in Cisco Systems, driven by the company’s disappointing guidance, weighed on the broader market. Apple lost 5% during the regular session, notching its worst single-day loss since April 2025.
In Japan, the Nikkei 225 retreated 1.2%, while in Hong Kong, the Hang Seng capsized 1.7%,
Oil prices slipped 40 cents to $62.38 U.S. a barrel.
Gold prices gained $30.60 to $4,979 U.S an ounce.
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