Futures for Canada's main stock index edged lower on Thursday, as base and precious metal prices were pulled lower by a strengthening dollar.
The TSX advanced 38.59 points to finish Wednesday at 20,259.78
March futures on the S&P/TSX index were down 0.4% Thursday morning.
The Canadian dollar fell 0.09 cents to 73.48 cents U.S.
Among company news, Canadian Natural Resources missed market expectations for quarterly profits as production was hit by severe winter weather.
Toronto-Dominion Bank's $13.4-billion acquisition of U.S.-based First Horizon Corp may get delayed further due to pending regulatory approvals.
London Stock Exchange Group announced plans to buy back more of its shares from a consortium of Blackstone and Thomson Reuters, from which it acquired data analytics group Refinitiv for $27 billion in January 2021.
ON BAYSTREET
The TSX Venture Exchange gained 4.14 points Wednesday to 634.60.
ON WALLSTREET
S&P 500 futures slid Thursday, as traders fretted over a continued rise in interest rates.
Futures for the Dow Jones Industrials jacked up 71 points, or 0.2%, early Thursday to 32,764, as Salesforce shares popped on a strong quarter and forward guidance.
Futures for the S&P 500 fell 13.75 points, or 0.4%, to 3,942.75.
Futures for the NASDAQ Composite lost 63 points, or 0.2%, to 11,898.75.
Along with Salesforce, Okta shares jumped in overnight trading on solid earnings and guidance. Silvergate Capital, meanwhile, shares plunged more than 30%, after the company delayed its 10-K annual report.
Tesla shares, popular with retail investors, lost 5% after the company failed to unveil details of any next-generation vehicles during its much-anticipated investor day Wednesday. The decline put pressure on S&P 500 and Nasdaq-100 futures.
Rates, meanwhile, pressed higher, with the benchmark 10-year note yield trading above 4%. The 2-year note yield reached levels not seen in more than a decade.
On the economic front, investors await jobless claims, and unit labor costs and productivity data. A speech from Fed Governor Christopher Waller is also slated for Thursday afternoon.
In Japan, the Nikkei 225 index sank 0.1%, while in Hong Kong, the Hang Seng gave up 0.9%.
Oil prices gained 31 cents to $78.00 U.S. a barrel.
Gold prices slipped $4.90 to $1,840.50 U.S. an ounce.
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