FX.co ★ TSX Futures Slip on Tech and Mining Weakness

On Thursday, futures linked to the S&P/TSX Composite Index declined, influenced by persistent struggles in software stocks and a renewed decline in precious metal prices. Investor sentiment was impacted by the ripple effects of this week's selloff in software stocks, following Shopify's 4% drop in the previous session. Concurrently, gold prices reversed earlier gains, negatively affecting mining companies. Oil prices also fell significantly after the United States and Iran agreed to hold talks in Oman on Friday, alleviating concerns about regional supply disruptions and putting pressure on energy stocks. Additionally, market participants are eagerly anticipating fourth-quarter 2025 earnings results today from companies including Constellation Software, BCE, Saputo, and Telus. In a related development, Barrick has announced plans to spin off its premier North American gold assets through an initial public offering later this year, marking a strategic realignment for the company.