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CANADA STOCKS-TSX futures steady after record close; gold climbs
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CANADA STOCKS-TSX futures steady after record close; gold climbs
Nov 13, 2025 3:24 AM

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)

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