Nov 13 (Reuters) - Futures for Canada's main stock index
were little changed on Thursday, as investors paused after the
benchmark hit a record high in the previous session and awaited
fresh signals on interest rates.
The S&P/TSX composite index closed up 1.4% at an
all-time high on Wednesday, lifted by gains in metal miners and
upbeat quarterly results from food retailer Loblaw ( LBLCF ).
December futures on the S&P/TSX index was flat at
1814.7 points as of 05:56 a.m. ET.
The commodity-heavy index has repeatedly set records this
year, supported by higher oil, gold and copper prices amid
geopolitical tensions and economic uncertainty.
President Donald Trump on Wednesday signed legislation
ending the longest government shutdown in U.S. history, hours
after lawmakers voted to restore food assistance, pay federal
workers and revive air traffic control operations.
Gold rose 0.7% to $4,227.15 per ounce, a more than
three-week high, on expectations that the reopening of the U.S.
government could lead to higher debt levels and bolster the case
for a Federal Reserve rate cut next month. Copper also gained
nearly 1%.
Investors now await delayed U.S. economic data, particularly
labor market indicators, for clues on the Fed's policy stance
when it meets next month.
In corporate news, miner Pan American Silver Corp's ( PAAS )
revenue and profit beat estimates for the third
quarter.
Manulife Financial ( MFC ) reported a rise in third-quarter
profit, helped by strong performance in the insurer's Asia unit.
(By Avinash P and Pranav Kashyap in Bengaluru; Editing by Sahal
Muhammed)