Feb 9 (Reuters) - Futures linked to Canada's main stock index edged up on Monday as precious metals and oil extended gains, signaling continued momentum after the benchmark recorded its biggest daily jump in four months in the previous session.

March futures on S&P/TSX Composite Index were up 0.1% as of 6:04 a.m. ET.

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Precious metal prices rose supported by a softer U.S. dollar, with spot gold gaining 0.7% and silver 1.6%, while copper prices also firmed.

Toronto's resources-heavy benchmark index (.GSPTSE) , opens new tab had jumped 1.5% on Friday, as mining shares rose after precious metal prices recovered from their sharp fall earlier in the week.

Investors now await the release of the U.S. non-farm payrolls report for January, Consumer Price Index data and initial jobless claims data later this week for clues on future monetary policy, with markets pricing in at least two 25‑basis‑point interest rate cuts from the U.S. Federal Reserve in 2026.

They will also look to a slew of corporate results scheduled for this week for insights on business conditions and outlook.

Meanwhile, oil prices steadied after losses earlier in the day, even as supply concerns eased after the U.S. and Iran pledged to continue talks following positive discussions in Oman on Friday. Brent crude futures and U.S. West Texas Intermediate crude were up 0.05% each.

In corporate news, U.S. insurer AIG (AIG.N) , opens new tab said on Friday after the bell that it has completed the acquisition of a 9.9% stake in Canadian asset manager Onex (ONEX.TO) , opens new tab.

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https://www.reuters.com/business/tsx-futures-edge-up-precious-metals-climb-2026-02-09/