Equities in Canada’s largest market kept steady on Thursday, as commodities-linked sectors found support from a surprise domestic trade surplus in August. Statistics Canada reported that in August, the country’s merchandise trade balance went from a deficit to a surplus as exports increased 5.7 per cent, while imports rose 3.8 per cent.
U.S. stock futures dipped into the red, as Wall Street struggled to maintain the positive momentum from the previous session. The major averages are on pace for another losing week, but yields climbed down from 16-year highs. Weekly initial jobless claims came in at 207,000 for the week ending Sept. 30, up 2,000 from week before.
| TSX | 19,137.81 | +103.00 |  |
| TSXV | 527.90 | -5.28 |  |
| CSE | 173.95 | -1.47 | |
| DJIA | 33,119.57 | -9.98 | |
| NASDAQ | 13,219.83 | -16.18 | |
| S&P 500 | 4,259.68 | -4.07 | |
The Canadian dollar traded for 72.90 cents U.S., compared to 72.77 cents U.S. on Wednesday.
U.S. crude futures traded $1.84 lower at $82.38 a barrel, and the Brent contract lost $1.65 to $84.16 a barrel.
The price of gold was down US$2.70 to US$1,820.27.
In world markets, the Nikkei was up 548.48 points to 31,075.36, the Hang Seng was up 18.03 points to 17,213.87, the FTSE was up 39.09 points to 7,451.54, and the DAX was down 29.70 points to 15,070.22.
The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.