
Jan 15 (Reuters) - Futures tracking Canada's main stock index edged higher on Thursday, as strong fourth-quarter results from chipmaker TSMC lifted global technology shares and Prime Minister Mark Carney's positive comments on China ties added to the upbeat mood.
March futures on Toronto's S&P/TSX Composite index SXFcv1 were up 0.10% as of 6:20 a.m. ET.
U.S. stock futures climbed after TSMC, the world's main producer of advanced AI chips, reported record quarterly profits and predicted robust annual growth, bolstering investor confidence in tech stocks amid concerns over a possible AI bubble.
Carney, meanwhile, hailed Canada's improving ties with China as well as the leadership of President Xi Jinping, declaring that the two nations were charting a new course in cooperation at a time of global division and disorder.
Canada has intensified efforts to diversify its export markets after U.S. President Donald Trump imposed tariffs on it last year.
The benchmark index .GSPTSE closed at a record high on Wednesday, after rising oil and precious metal prices lifted energy and mining stocks, offsetting deep declines in tech.
But oil prices LCOc1, CLc1 on Thursday dropped sharply, snapping a five-day rally, after Trump said that the killing of protesters in Iran was ending, easing concerns over possible U.S. military intervention and supply disruptions.
Spot gold XAU= fell 0.1%, while silver XAG= slid 1.9%, both pulling back from Wednesday's record highs. GOL/
Meanwhile, telecommunications firm Cogeco Communications CCA.TO reported first-quarter revenue that missed analyst estimates after markets closed on Wednesday, while industrial manufacturer Velan VLN.TO said its third-quarter profit grew.
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