Kitco News collects and features the top financial, economic and geopolitical news from around the world. Kitco's aggregated sources include some of the top newswires in the world including the Association Press, Canadian Press, Japanese Economic Newswire, and United Press International.
Oct 26 - Futures for Canada's main stock index fell on Thursday, tracking a selloff in global markets, as the U.S. 10-year Treasury yield inched closer to crucial 5% again, while investors remained jittery as Israel continued its bombardment of the Gaza Strip.The yield on the benchmark 10-year U.S. Treasury note was at 4.9505%, surging closer to the closely watched 5% mark again, pressuring global equities.
Investors will also focus on the energy sector as oil prices fell after U.S. crude stockpiles rose and the dollar index inched upward. . The Toronto Stock Exchange's S&P/TSX composite index ended lower on Wednesday despite the Bank of Canada keeping its key overnight rate unchanged at 5.0%, as expected.
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