Canada’s main stock index slipped on Thursday as a worldwide bond selloff drove borrowing costs to their highest levels in decades. Meanwhile, investors tracked volatile oil markets, with crude prices gaining after China suspended exports of oil products, a move that could tighten fuel supplies. Attention also remained on renewed diplomatic efforts to bring an end to the US-Iran war.
US markets moved the opposite way, with Wall Street looking ahead to a new trading month as Treasury yields continued their ascent. The 10-year US Treasury yield traded near highs not seen since 2002, while yields on 30-year bonds also remained elevated. Chinese markets were closed for a national holiday.
| TSX | 35,154.76 | -81.11 |  |
| TSXV | 878.78 | -3.12 | |
| CSE | 157.14 | -2.30 | |
| DJIA | 50,926.56 | +20.51 |  |
| NASDAQ | 26,871.60 | +10.53 | |
| S&P 500 | 7,666.45 | +14.91 | |
The Canadian dollar remained at 70.29 cents US since Wednesday.
US crude futures traded US$2.67 higher at US$93.09 a barrel, and the Brent contract rose US$4.36 to US$102.40 a barrel.
The price of gold was up US$20.63 to US$4,176.36.
In world markets, the Nikkei was up 2,203.00 points to ¥68,956.72, the Hang Seng remained at HK$24,613.27, the FTSE was down 177.73 points to ₤10,428.27, and the DAX was down 259.84 points to €24,939.35.