TSX futures subdued after index inches back from record high

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Futures tied to Canada’s main stock exchange ticked slightly higher on Thursday, after the index edged away from a recent record high in the prior session, News.az reports citing Investing.

By 06:43 ET (10:43 GMT), the  index standard futures had risen by 2 points, or 0.1%.

’s S&P/TSX composite index fell by 214.46 points, or 0.8%, on Wednesday, retreating from an all-time closing high and ending a 10-day winning streak.

A jump in Canadian 10-year yields to their highest level since January weighed on equities. Investors have been cutting bets that the Bank of Canada will pursue interest rate reductions since recent data showed hot underlying inflation in April.

U.S. stock futures muted

U.S. stock index futures traded in a muted fashion Thursday, steadying after the previous session’s sharp selloff on concerns over high U.S. debt levels.

At 06:56 ET,  slipped 33 points, or 0.1%, while  rose 7…

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