TSX futures muted on elevated rate fears, U.S. jobs data on tap

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- Futures for Canada's main stock index steadied on Thursday, with investors remaining cautious about the prospects of extended high-interest rates while awaiting U.S. jobs data for insights into the strength of the labor market.A slump in oil prices is expected to extend losses for the energy shares after the sector dropped 4.1% in the previous session, touching a near six-week low. Copper prices also fell for a fourth straight session.

Markets will closely monitor the U.S. weekly jobless claims data due at 08:30 a.m. ET and non-farm payrolls report for September on Friday, with recent data pointing to a still-tight labor market.U.S. stock index futures fell as elevated Treasury yields still pointed to worries about high-interest rates sticking around for a prolonged period.

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