A look at Thursday morning’s market action
Asian and European stocks were mostly lower amid volatile trading in the wake of Monday’s global stock selloff.
TSX futures were in positive territory after Canada’s main stock index fell to a near six-week low yesterday. Crude oil was flat after rising the previous day when data showed a bigger-than-expected drawdown in U.S. crude stockpiles and amid growing supply risks as tensions simmer in the Middle East. In other commodities, gold prices gained, snapping five sessions of losses, as Middle East tensions and optimism surrounding U.S. rate outlook supported safe-haven bullion.
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