Lower Canadian and U.S. futures, and concerns about Middle East tensions point to a weak start on Bay Street Thursday morning. Energy stocks may move up on higher crude oil prices. U.S. and Canadian services sector reports, and U.S. jobless claims data may provide some direction, ahead of the crucial U.S. non-farm payroll data, due on Friday.
Data on Canadian service sector activity for the month of September is due at 9:30 AM ET. The S&P Global Canada Composite PMI edged up to 47.8 in August from 47.0 in July, but remained in contraction in private sector activity for the third consecutive month.
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Business News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.