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Stock impact report

TSX futures fall as commodity prices dip, US government shutdown looms [Yahoo! Finance Canada]

Imperial Oil Limited (IMO) 
NASDAQ:AMEX Investor Relations: imperialoil.ca/en-ca/company/investors
Futures on the S&P/TSX index were down 0.2% at 7 a.m. ET (1100 GMT). Wall Street futures also declined after U.S. Vice President JD Vance warned that the government appeared "headed to a shutdown" following stalled budget negotiations between President Donald Trump and the Democratic leadership. A government closure would delay Friday's crucial U.S. employment report, potentially complicating the Federal Reserve's monetary policy outlook. Market attention now shifts to the U.S. Labor Department's August job openings report, scheduled for later in the day. Investors are hoping for moderate readings that would preserve rate-cut expectations and sustain the ongoing equity rally. The Toronto Stock Exchange's S&P/TSX composite index reached another record high on Monday as investors who are upbeat on prospects for the global economy cheered the index's heavy weighting in cyclical stocks. The benchmark index is poised to close both September and the third quarter with robust gain Show less Read more
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