Tags: global stock markets

Toronto Futures Retreat on Evergrande Fears

Friday, 24 September 2021 07:53 AM EDT

Futures for Canada's main stock index retreated on Friday, as fears around debt-ridden China Evergrande weighed on global sentiment, with stronger gold prices limiting losses.

December futures on the S&P/TSX index were down 0.4% at 7:00 a.m. ET, snapping a three-day winning streak.

Global equities also fell, hurt by uncertainty around the fate of China Evergrande, which missed an interest payment deadline on Thursday and has entered a 30-day grace period.

Spot gold gained over 0.7% on Friday on a weaker dollar.

Canada's budget balance data for July is due at 11:00 a.m. ET.

The Toronto Stock Exchange's S&P/TSX composite index ended 0.3% higher at 20,461.93 on Thursday. The index was on course to record its third straight week of losses.

Dow e-minis were down 83 points, or 0.24%, at 7:00 a.m. ET, while S&P 500 e-minis were down 14.75 points, or 0.33%, and Nasdaq 100 e-minis were down 68 points, or 0.44%.

© 2026 Thomson/Reuters. All rights reserved.


StreetTalk
Futures for Canada's main stock index retreated on Friday, as fears around debt-ridden China Evergrande weighed on global sentiment, with stronger gold prices limiting losses.
global stock markets
153
2021-53-24
Friday, 24 September 2021 07:53 AM
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