TSX futures tick up after US data signals economic resilience
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Futures for Canada's main stock index rose 0.28% on Thursday, following strong U.S. jobs data that indicated a stable labor market. This data dampened expectations for imminent interest rate cuts by the Fed. Toronto's benchmark index had a slight decline of 0.01% on Wednesday, influenced by tech stock weakness. Precious metals prices fell due to a stronger dollar, while oil prices eased amid supply concerns. In corporate news, Manulife Financial reported lower profits, while Sun Life saw a profit increase. The U.S. House backed a measure against Trump's tariffs on Canada, but a veto is expected.
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