TSX Futures Edge Higher on Metals and Bonds Rebound

Futures tied to Canada’s stock market edged higher on Thursday, supported by a rebound in precious metals prices and easing global bond yields. Gold and silver prices climbed, lending support to mining shares. Global yields retreated from multi-year highs as a deepening selloff in technology and artificial intelligence stocks drove investors toward safe-haven government bonds. On the data front, Canadian manufacturing sales rose 1.5% month-over-month in August, beating forecasts for a 1.1% increase, led by gains in the primary metals and chemicals subsectors.