Feb 23 (Reuters) - Futures for Canada's main stock index were muted on Friday after hitting a 22-month high on a tech-fueled rally in the previous session, while weakness in commodity prices weighed on the index.
March futures on the S&P/TSX index were flat at 7:06 a.m. ET (12:06 GMT).
The Toronto Stock Exchange's S&P/TSX composite index (.GSPTSE), opens new tab ended 0.7% higher at 21,318.08 on Thursday, its highest close since April 15, 2022.
The index was boosted by gains in technology and healthcare stocks, after chip designer Nvidia's (NVDA.O), opens new tab strong quarterly results and forecast.
Wall Street futures also paused for breath on Friday after the benchmark S&P 500 (.SPX), opens new tab and the Dow Jones Industrial Average (.DJI), opens new tab hit record closing highs in the previous session.
Fed Governor Christopher Waller said on Thursday U.S. Federal Reserve policymakers should delay interest rate cuts by at least another couple more months.
The comments pressured commodity prices, with oil down and set to snap a two-week winning streak. Spot gold and copper prices were pulled down by a stronger dollar.
In Canada, investors were poised to keenly monitor upcoming quarterly earnings from banks including Bank of Montreal (BMO.TO), opens new tab, Bank of Nova Scotia (BNS.TO), opens new tab and the Royal Bank of Canada (RY.TO), opens new tab next week.
Financial stocks have the highest weightage on the TSX, constituting about 29.7% of the index, according to LSEG data.
The video player is currently playing an ad. You can skip the ad in 5 sec with a mouse or keyboard
In Canadian corporate news, software firm Docebo (DCBO.TO), opens new tab reported its fourth-quarter results above analysts' estimates.
Oil and gas transporter Pembina Pipeline (PPL.TO), opens new tab reported a higher fourth-quarter profit per share than the previous year.
COMMODITIES AT 7:06 a.m. ET
Gold futures : $2,023.4; +0.1%
US crude : $77.33; -1.6%
Brent crude : $82.42; -1.5%
Reporting by Purvi Agarwal in Bengaluru; Editing by Devika Syamnath
