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Toronto, U.S. stock markets down Friday morning, loonie inches higher

TORONTO — North American markets were lower Friday morning while the loonie inched higher.

The S&P/TSX composite index was down 54.80 points at 14,351.11.

The Dow Jones industrial average was down 88.86 points at 17,330.89, the Nasdaq index fell 26.82 points to 5,029.62, and the S&P 500 declined 8.73 points to 2,074.83.

The loonie traded at 76.37 cents U.S., up 0.08 of a U.S. cent from Thursday's close.

On the commodity markets, the December gold contract rose $7.00 to US$1,097.1 an ounce, the September crude oil contract was down 33 cents at US$44.33 a barrel and the September contract for natural gas was down 2.1 cents at $2.792.

The Canadian Press

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