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2026.07.2412:45:31UTC+00TSX Futures Rise as Oil Prices Ease

Futures linked to the S&P/TSX Composite Index rose on Friday, as the recent surge in oil prices paused, easing energy-driven inflation worries. Declining bond yields provided additional support to financial stocks and the broader market. Gold prices inched higher, boosting mining shares. In corporate news, Dutch engineering consultancy Arcadis reported receiving a second unsolicited takeover proposal from Canadian rival WSP Global. Meanwhile, earlier this week, the Trump administration imposed a 50% tariff on a range of Canadian imports, even as the United States aims to finalize interim trade agreements with Canada and Mexico by the end of 2026.

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