Aug 06, 2025 (Baystreet.ca via COMTEX) --
Futures linked to Canada's main stock index ticked up on Wednesday, as investors bought the dip after Friday's selloff and assessed more corporate earnings.
The TSX Composite Index propelled itself forward 549.65 points, or 2%, to close Tuesday at 27,570.08.
Futures climbed 0.2% Wednesday.
The Canadian dollar inched higher 0.07 cents to 72.68 cents U.S.
Canadian ministers held a "productive" meeting with Mexican President Claudia Sheinbaum, Canada's top diplomat said, as the two nations prepare to navigate U.S. President Donald Trump's shifting trade and tariff policies.
ON BAYSTREET
The TSX Venture Exchange recovered 22.19 points, or 2.9%, Tuesday to 783.68.
ON WALLSTREET
Stock futures rose Wednesday as investors analyzed the latest batch of corporate earnings following a losing session on Wall Street.
Futures for the Dow Jones Industrials vaulted 111 points, or 0.3%, to 44.348.
Futures for the S&P 500 moved higher 10.5 points, or 0.2%, to 6,335.75.
Futures for the NASDAQ dropped 6.75 points to 23,125.25.
Snap shares tumbled 17% after revenue came in slightly below expectations, while AMD fell about 6% after posting adjusted earnings per share that missed estimates. On the other hand, Arista Networks rallied nearly 13% on a stronger-than-expected report.
Disney shares were down more than 1% after the media giant reported mixed results for its fiscal third quarter.
The company earned an adjusted $1.61 per share, beating an LSEG estimate of $1.47 per share. Revenue, however, came in slightly below expectations at $23.65 billion.
Those moves follow a losing day on Wall Street, marking the S&P 500's fifth down day of the last six and the Dow's sixth negative session of the past seven.
In Japan, the Nikkei 225 index sank 0.6% Wednesday, while in Hong Kong, the Hang Seng edged ahead eight points.
Oil prices advanced $1.10 to $66.26 U.S. a barrel.
Gold prices sagged $16.00 at $3,418.70 U.S. per ounce.
COMTEX_467831364/2559/2025-08-06T07:27:48
