TSX futures point lower as U.S. tech earnings spur AI jitters

What happened: Futures tied to Canada's main stock index pointed lower, weighed down by results from large U.S. technology companies that triggered fresh worries over heavy AI expenditures. Key numbers: S&P/TSX 60 futures fell 16 points, or 0.7%, by 08:32 ET. Nasdaq 100 futures retreated 783 points, or 2.7%. Brent rose 2.2% to $117.36 a barrel and WTI gained 2.2% to $104.23. Why it matters: Analysts at Vital Knowledge said the earnings setbacks worsened tech sentiment and investors are wondering whether the sector is back in a negative feedback loop that could pressure data center spending. Market: +5.7% today ($238.85), +5.5% YTD, 0.7x vol — as of 14:03 UTC Verified: Q3_2026 (Oct 29) EPS $1.89 vs $1.96 est, -3.5% miss; next print ~Jan 28

Futures tied to Canada's main stock index pointed lower, weighed down by results from large U.S. technology companies that triggered fresh worries over heavy AI expenditures.

Analysts at Vital Knowledge said the earnings setbacks worsened tech sentiment and investors are wondering whether the sector is back in a negative feedback loop that could pressure data center spending. Market: +5.7% today ($238.85), +5.5% YTD, 0.7x vol — as of 14:03 UTC Verified: Q3_2026 (Oct 29) EPS $1.89 vs $1.96 est, -3.5% miss; next print ~Jan 28