TSX Futures Fall as Bond Yields Surge
Canadian stock futures retreated as surging global bond yields and rising oil prices weighed on market sentiment. Investors now await upcoming retail sales data and corporate earnings for direction.
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Canada's S&P/TSX futures fell 0.48% during Thursday morning trading as surging global bond yields pressured equities ahead of consumer data. The downturn follows a sharp sell-off in the previous session across financial and materials sectors. Investors are turning their focus to retail sales figures to gauge domestic consumer strength.
