India, Oct. 15 -- The Canadian market may open higher on Thursday, tracking firm precious metals and oil prices. However, a sell-off in global tech stocks amid concerns over returns on AI-related investments could hurt sentiment and limit market's upside.
Data from Statistics Canada showed manufacturing sales in Canada rose 1.5% month-over-month to C$79.9 billion in August, beating expectations for a 1.1% increase and marking the sharpest rise since April. Wholesale Sales in Canada decreased to -1.6% in August from 0.3% in July.
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