georgemiller
Publish Date: Thu, 06 Nov 2025, 11:21 AM

Nov 6 (Reuters) - Futures linked to Canada's main stock index were little changed on Thursday, as higher commodity prices helped offset broader market caution following the benchmark's strongest session in three weeks.
The futures on the S&P/TSX index were flat as of 05:54 a.m. ET. Gains in oil, copper and gold prices lent support, keeping prices from slipping into negative territory.
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The S&P/TSX composite index (.GSPTSE) , opens new tab closed 325.66 points, or 1.1%, higher at 30,103.48 on Wednesday, marking its biggest single-day gain since October 14. The rebound followed a string of losses and, if sustained, could push the index's weekly performance into positive territory.
Wednesday's rally was underpinned by upbeat U.S. economic data. Services sector activity rose to an eight-month high in October, driven by solid growth in new orders, while private payrolls increased by 42,000, beating expectations.
The data helped ease investor concerns after top Wall Street banks warned of a potential equity market correction, citing stretched valuations. Those warnings had dragged the TSX to a one-month low on Tuesday.
Gold soared above the $4,000-per-ounce level due to concerns over a prolonged U.S. government shutdown and a weaker dollar.
Oil prices edged higher, and copper rose as well, snapping a four-day decline, as selling pressure eased.
On the tariff front, U.S. Supreme Court justices raised doubts over the legality of U.S. President Donald Trump's sweeping tariffs in a case that could have implications for markets across the globe.
On the corporate front, Canadian Natural Resources (CNQ.TO) , opens new tab posted a fall in third-quarter profit, as weaker commodity prices weighed on the results.
https://www.reuters.com/business/tsx-futures-flat-following-strongest-rally-three-weeks-2025-11-06/