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Inside the Market

Before the bell: Stocks head toward steep drop

The Before the Bell report is constantly updated to reflect the latest news developments and market moves in the premarket. Check back later for updates.

Stock futures are suggesting a pretty steep selloff on Wall Street at today's open, although losses on the resource-heavy TSX may be muted by renewed strength in crude oil and gold. Futures for the S&P 500 are down about 0.6 per cent, but down less than 0.2 per cent for the TSX, with WTI crude retaking the $100 (U.S.) level this morning and gold trading above $1,300 (U.S.) an ounce.