Canada Stocks: TSX futures fall as oil declines; investors assess Nvidia earnings

CCL Industries

26/02/2026 11:11

Feb 26 (Reuters) - Futures tracking Canada's main stock index dipped on Thursday as oil prices declined with U.S.-Iran nuclear talks underway in Geneva, while investors also assessed earnings from Nvidia.

March futures on the S&P/TSX composite index SXFcv1 fell 0.27%, as of 5:43 a.m. ET.

Iran on Thursday pledged to show flexibility at the nuclear talks with the U.S., which are underway in Geneva. Meanwhile, OPEC+, the coalition of petroleum exporting countries, is likely to consider raising its oil output by 137,000 barrels per day for April as the group prepares for a peak summer demand.

Oil prices declined, with Brent crude futures LCOc1 and U.S. West Texas Intermediate crude CLc1 down 1.5% each.

On Wednesday, AI frontrunner Nvidia NVDA.O forecast first-quarter revenue above Wall Street expectations, while software firm Salesforce CRM.N forecast annual results below estimates.

Nvidia shares were up 1% in premarket trading, while Salesforce shares were down 3.2%.

Silver XAG= prices fell more than 2%, while copper prices steadied after reaching a two-week high in the previous session.

Spot gold XAU=, however, extended gains as tariff uncertainty kept the demand up for the safe-haven asset.

Toronto's benchmark index .GSPTSE reached another record high on Wednesday, as strong results from National Bank of Canada NA.TO and Bank of Montreal BMO.TO boosted financial stocks.

Among after-the-bell results on Wednesday, specialty label maker CCL Industries' CCLb.TO fourth-quarter revenue missed estimates.

Design and consulting firm Stantec STN.TO reported quarterly profit above estimates.

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 (Reporting by Utkarsh Tushar Hathi; Editing by Sahal Muhammed)

 ((utkarshtushar.hathi@thomsonreuters.com))