TSX futures fall on downbeat earnings

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- Futures for Canada's main stock index edged lower on Thursday, weighed down by downbeat corporate earnings from Canadian companies and in the United States, while losses were offset by an uptick in gold and oil prices.The Toronto Stock Exchange's S&P/TSX composite index ended 0.6% lower on Wednesday, logging its first decline in six sessions, dragged down by railroad shares after their disappointing quarterly results.

U.S. stock index futures also fell on Thursday, as shares of most mega-cap growth stocks took a beating after dour quarterly results from Meta Platforms. Spot gold prices were buoyed by a weaker dollar, while copper prices also gained as funds chased the market higher after a takeover bid by BHP for Anglo American, which analysts said was focused on copper.

 

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