TSX Futures Recover on Oil Boosts


Stock futures popped Wednesday after Wall Street snapped a three-day losing streak. Investors also looked to claw back more of the losses suffered earlier in the week.

Futures for the Dow Jones Industrials zoomed 295 points, or 0.8%, to 39,442.

Futures for the S&P 500 index advanced 54 points, or 1%, at 5,320.50

Futures for the NASDAQ jumped 213.5 points, or 1.2%, to 19,389.50.

Wall Street is coming off a strong session. The S&P 500 and the NASDAQ each advanced 1%, while the 30-stock Dow added nearly 300 points.

On Monday, the Dow and the broad-market S&P 500 posted their worst session since 2022, fueled by recession worries and the unwinding of the yen carry trade.

Shares of Super Micro Computer pulled back more than 14% after the server company’s fiscal fourth-quarter earnings missed analyst estimates. Airbnb slipped 16% after issuing disappointing second-quarter results.

In Japan, the Nikkei 225 took on 1.2% Wednesday, while in Hong Kong, the Hang Seng index gained 1.4%.

Oil prices gained $1.63 to $74.83 U.S. a barrel.

Gold prices hiked $11.40 to $2,443

Futures Perk for Second Straight Day

US Market Updates