TSX Futures Stagnate as Investors Weigh Gold Decline Against Fed Signals

Canadian stock futures remained flat on Thursday as declining gold prices offset optimism surrounding potential U.S. interest rate cuts in September. Investors are closely watching materials and energy sectors, while anticipating Fed Chair Jerome Powell’s speech at the Jackson Hole Economic Symposium for insights into future monetary policy. The market is balancing various factors, including recent record highs in the S&P/TSX composite index, upcoming economic data, and bank earnings reports.