Bay Street set for sluggish open as investors weigh earnings and US-Iran talks

EarningsGeopolitics
โดย RTTNews·Read original
Summary · why it matters

Canadian futures point to a sluggish start on Bay Street Tuesday as investors digest a wave of corporate earnings and monitor progress in US-Iran negotiations aimed at ending the Middle East conflict. Celestica reported second-quarter earnings per share of $3.68, up from $1.92 a year earlier, while TFI International posted $1.85 per share compared with $1.34, and Gibson Energy recorded $0.48 versus $0.37. Great West Lifeco, Intact Financial, Centerra Gold, Precision Drilling, and Trican Well Services are scheduled to report second-quarter results today. On Monday, the S&P/TSX Composite Index rose 199.04 points, or 0.56%, to close at 35,568.14, extending gains after a weekend pause in US-Iran hostilities raised hopes for a diplomatic solution.

Impact on stocks 5

Financials · 1 stocks
Materials · 1 stocks
Information Technology · 1 stocks
Energy · 1 stocks
Industrials · 1 stocks

Off-coverage companies 2

Gibson Energy Inc.Private± Mixed
relevance

Trican Well Service Ltd.Private± Mixed
relevance