Futures for Canada's main stock index rose on Thursday as the government vowed to boost pandemic-related spending to shore up the domestic economy in the face of a second wave of COVID-19 infections.
TSX toppled 325.78 points, or 2%, Wednesday to 15,817.11.
The Canadian dollar dished off 0.03 cents early Thursday to 74.66 cents U.S.
December futures gained 0.4% Thursday.
BlackBerry reported a near 6% rise in quarterly revenue, as demand for its security software suite, Spark, and its QNX car software rose.
In the economic docket, Statistics Canada reported the Survey of Employment, Payrolls, and Hours as payroll employment, rose by 739,700, or 5.1%, in July.
The agency also said this figure followed an increase of 665,500 (or 4.9%) in June, and brought the total payroll employment change since February to a decrease of 1.9 million (or 11.3%).
ON BAYSTREET
The TSX Venture Exchange plunged 37.66 points, or 5.3%, Wednesday to 677.04.
ON WALLSTREET
Stock futures were flat early Thursday after a volatile overnight session with wild swings in and out of negative territory.
Futures for the Dow Jones Industrials slid 68 points, or 0.3%, to begin Thursday at 26,617.
Futures for the S&P 500 slumped 11.25 points, or 0.4%, to 3,220.
Futures for the NASDAQ Composite backpedaled 72 points, or 0.7%, to 10,757.
Earlier, futures opened Wednesday evening in the green, but comments from President Donald Trump that he would not commit to a peaceful transfer of power should he lose the election appeared to hit sentiment.
So far in September the S&P 500 has declined 7.5%, while the Dow has shed 5.8%. The NASDAQ has been the relative outperformer, registering a loss of 9.7% as investors rotate out of Big Tech. Facebook, Amazon, Apple, Netflix, Alphabet and Microsoft are all down at least 11% in September.
Looking ahead to Thursday, investors will get a read on the state of the economic recovery when U.S. jobless claims are released at 8:30 a.m. ET. Federal Reserve Chair Jerome Powell and Secretary of the Treasury Steven Mnuchin will also appear before the Senate banking committee.
Overseas, in Japan, the Nikkei 225 dumped 1.1% Thursday, while Hong Kong, the Hang Seng index gave back 1.8%.
Oil prices sank three cents to $39.90 U.S. a barrel.
Gold prices dulled $6.80 to $1,861.50.
