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via finance.yahoo.comMarkets

TSX futures drop as gold falls and AI spending worries weigh

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com - Futures linked to Canada's main stock index edged lower on Friday, weighed down by a drop in gold prices, while technology names were pressured by jitters swirled around artificial intelligence spending. Still guessing which stocks will beat the market? Our AI…

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishGold weakness and pressure on Canadian tech tied to the AI trade can move the TSX and mining shares.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01S&P/TSX 60 futures were down 0.3% in early trading.
  2. 02The S&P/TSX composite closed down 1% at 35,973.45 the previous day.
  3. 03Celestica slumped 12%, dragging the domestic tech sector down 1.6%.
  4. 04Falling gold prices also weighed on metal mining shares.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Celestica Inc.CLSStock269.01 USDMarket closedtoday -11.69%Negative NVIDIA CorporationNVDAStock212.21 USDMarket closedtoday -4.40%Negative S&P/TSX CompositeINDEX:TSXIndex35,973.45Market closedtoday -0.97%Negative GoldCOMMODITY:GOLDCommodity4,042.50 USD+0.11%today -0.44%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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