Canadian stock-index futures bin point to lower opening on Thursday, as rising bond yields and oil prices bring back concern about inflation and interest rates.
Futures for Canada benchmark S&P/TSX index fall 0.52% at 05:19 a.m. ET (0919 GMT), after e earlier hit im lowest level since July 9.
Di benchmark US 10-year Treasury yield edge up to 5.3327%, after e retreat small from multi-decade high wey e reach on Wednesday.
Oil prices climb pass 3% amid concern about supply disruptions linked to heightened tensions for Middle East, including fresh attacks on shipping for Gulf and Strait of Hormuz.
Higher energy costs don increase inflation concerns and make expectation stronger say central banks fit keep borrowing costs high for longer.
Financial markets now dey price in at least one 25-basis-point interest-rate increase from Bank of Canada before end of year, according to LSEG data.
Traders also dey expect quarter-point rate hike from US Federal Reserve before end of 2026, di data show.
Gold prices no change much after e fall to two-month low on Wednesday, while materials sector, which include precious-metal miners, drop to im lowest level in three months.
Among individual companies, specialty hardware distributor Richelieu Hardware report higher third-quarter revenue.
Di TSX post im sharpest one-day decline since June 5 on Wednesday, pressured by elevated bond yields and uncertainty over US-Canada trade agreement, which weaken investor appetite for risk.
But on Friday, di S&P/TSX Composite Index rise 1.5% to close at 35,665 as weaker employment data reinforce expectations say Bank of Canada go refrain from hiking rates.
Employment fall by 68,300, missing expectations for 7,000 increase.
Unemployment rate edge up to 6.5%, in line with forecasts.
Canadian yields fall, supporting credit-sensitive stocks.
RBC rise 1.1%, TD gain 1.2%, BMO advance 1.6%, and Scotiabank and CIBC add 1.3% each.
Gold prices also advance, lifting mining shares, with Agnico Eagle up 3.2% and Barrick and WPM gaining 2.9% each.
Lundin surge 10.5% after im Fruta del Norte mine in Ecuador post im strongest production quarter on record.
Energy producers also gain despite volatile oil prices.
Technology stocks advance amid strength among US hyperscalers, with Shopify up 4.1%.
Elsewhere, Aritzia surge 20.5% after beating expectations for second-quarter revenue and profit.
Di TSX rise 0.9% weekly.
