Futures tracking Canada's blue-chip stocks edged lower on Wednesday as investors assessed developments in U.S.-Iran negotiations, with caution prevailing amid disagreements between the two countries over key terms of a deal.
The TSX Composite Index faltered 74.80 to conclude Tuesday at 34,927.38.
June futures slid 0.1% Wednesday.
The Canadian dollar eased 0.08 cents at 70.29 cents U.S.
U.S. President Donald Trump said on Tuesday that Iran had agreed to nuclear inspections into "infinity," while Tehran said it had made no such concession in negotiations, raising questions about the viability of their fragile peace deal.
ON BAYSTREET
The TSX Venture Exchange stumbled 25.88 points, or 2.7%, Tuesday to 922.66.
ON WALLSTREET
U.S. stock futures were mixed early Wednesday after technology stocks rebounded in premarket trade, and investors looked ahead to the release of Micron Technology’s earnings after the bell.
Futures for the Dow Jones Industrials gave up 27 points, or 0.1%, to 52,055.
Futures for the S&P 500 index picked up 12 points, or 0.2%, to 7,448.25.
Futures for the NASDAQ Composite jumped 108.25 points. or 0.4%, to 29,774.25.
Shares of Micron rose 4% in premarket trading, and Sandisk was up 3%. The two memory stocks tumbled 13% in the previous session.
Micron has had an astronomical run in 2026, with shares hitting a new all-time high on Monday and ending Tuesday at $1,051.77 per share. But one analyst warned the stock could fall after the earnings report, perhaps as low as $1,000.
In Japan, the Nikkei 225 dived 0.9% Wednesday, while in Hong Kong, the Hang Seng poked ahead 0.3%.
Oil ditched $1.39 to 71.82 cents U.S. a barrel.
Gold prices faded $86.50 to $4.062.60 U.S an ounce.
