S&P/TSX 60 index futures fell 23 points, or 1%, by 09:10 ET as investors weighed a renewed jump in oil prices and the upcoming U.S. midterm elections. According to LSEG data cited by Reuters, markets are pricing in a Bank of Canada rate hike before year-end, and Governor Tiff Macklem is due to appear before a House of Commons finance committee this week. U.S. futures were mixed, with Dow futures down 381 points, or 0.7%, S&P 500 futures down 8 points, or 0.1%, and Nasdaq 100 futures up 94 points, or 0.3%. Oil edged higher after a reported U.S. strike on Iran's Qeshm Island revived concerns about Middle East supply disruptions, while gold prices declined.
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