Markets

Market Update

Foreign Markets Update

TSX Sector Watch

Most Actives

New Listings – TSX

New Listings – TSX-Venture

Currencies

Stocks Projected Down

IVEY PMI in Focus

Futures tracking stocks in this country fell on Thursday, with investors awaiting U.S. jobs data due this week to gauge the Federal Reserve's future actions around interest rates.

The TSX Composite dropped 103.16 points to close Wednesday at 19,267.83.

December futures dived 0.5% on Thursday.

The Canadian dollar docked 0.4 cents to 73.14 cents U.S.

Among individual companies, Suncor Energy said on Wednesday it would sell its wind and solar assets in Canada to Canadian Utilities for $730 million.

On the economic slate, Western University’s IVEY School of Business is due out about 10 a.m. EDT with its Purchasing Managers Index for September.

ON BAYSTREET

The TSX Venture Exchange moved doggedly into positive ground, 0.1 points to close the midweek session at 623.33.

ON WALLSTREET

U.S. stock futures dipped Thursday, as a massive rally to start the month eased, with rates ticking higher once again.

Futures the Dow Jones Industrials shrank 134 points, or 0.4%, to 30,176.

Futures for the S&P 500 dropped 17.75 points, or 0.5%, to 3,776.75.

Futures for the NASDAQ Composite dipped 45.75 points, or 0.4%, to 11,578.

Data from ADP showed that the labour market remained strong among private companies in September, when businesses added 208,000 jobs. That beat the 200,000 job estimate from Dow Jones.

Today’s economic lineup spotlights weekly jobless claims, and then, on Friday, the September jobs report from the Bureau of Labor Statistics will be released, giving the central bank and investors another piece of data.

Some companies are reporting earnings, as well. On Thursday, Constellation Brands will announce its results before the opening bell, and Levi Strauss will report after the market closes.

In Japan, the Nikkei 225 gained 0.7%, while in Hong Kong, the Hang Seng Index slid 0.4%.

Oil prices fell 42 cents to $87.34 U.S. a barrel.

Gold prices took on $1.50 to $1,722.30 U.S. an ounce.