Futures for Canada’s main stock index snapped a two-day losing streak on Thursday, as falling metal prices were offset by a jump in oil prices. The TSX’s gains were limited by weakness among health care and utilities shares.

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U.S. markets tried to regain some ground after steep losses this month thanks to rising Treasury yields. Investors assessed rising jobless claims, home sales and GDP data. Next up on deck is the latest personal consumption expenditures price index reading on Friday. That index reading is the Federal Reserve’s preferred inflation metric.

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The Canadian dollar traded for 74.11 cents U.S., compared to 74.04 cents U.S. on Wednesday.

U.S. crude futures traded $1.94 lower at $91.74 a barrel, and the Brent contract lost $1.30 to $95.25 a barrel.

The price of gold was down US$10.79 to US$1,866.85.

In world markets, the Nikkei was down 499.38 points to 31,872.52, the Hang Seng was down 238.84 points to 17,373.03, the FTSE was up 8.63 points to 7,601.85, and the DAX was up 106.05 points to 15,323.50.

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