Futures tied to Canada's main stock were largely flat on Thursday, a day after the Bank of Canada (BoC) held its interest rate steady, and investor focus shifted to more U.S. employment data due during the week.
The TSX Composite fell 101.72 points to close Wednesday’s session at 20,274.21.
December futures were unchanged early Thursday.
The Canadian dollar dropped 0.08 cents to 73.49 cents U.S.
Laurentian Bank of Canada reported a drop in fourth-quarter profit versus a year ago.
At least two brokerages upgraded their rating on Athabasca Oil.
On the economic calendar, Statistics Canada said the value of building permits increased 2.3% in October to $11.2 billion.
ON BAYSTREET
The TSX Venture Exchange slid 0.20 points Wednesday to 533.97.
ON WALLSTREET
Futures tied to the Dow Jones Industrial Average fell Thursday, putting the 30-stock average for a lower open after posting its third straight day of losses.
Futures for the blue-chip index declined 33 points, or 0.1%, to 36,079.
Futures for the S&P 500 poked ahead six points, or 0.1%, at 4,562.
Futures for the NASDAQ jumped 51.5 points, or 0.3%, to 15,866.75.
Online pet products retailer Chewy slumped 10% following a weak forecast for fourth quarter net sales. GameStop shed nearly 7% after it reported lower net sales compared to the year-ago period.
Wednesday marked the first three-day negative streak for both the Dow and S&P 500 since October. Still, the three major indexes remain poised to finish the fourth quarter and calendar year higher, underscoring the strength of the rally seen earlier.
The job market has been a focus of investors this week amid a series of data releases. Private payrolls data issued on Wednesday showed that employers added fewer positions than economists forecast. The volume of job openings in October fell to its lowest level since March 2021, according to Labor Department data released Tuesday.
In Japan, the Nikkei 225 lost 1.8% Thursday, while in Hong Kong, the Hang Seng Index slid 0.7%.
Oil prices took on 75 cents to $70.13 U.S. a barrel.
Gold prices gained $1.60 to $2,049.50 U.S. an ounce.
