NEWS
08/28/2015 09:03 EDT | Updated 08/28/2016 01:12 EDT

Loonie gives up some of Thursday's gains, U.S. market futures point lower

TORONTO — The Canadian dollar was down one-third of a cent and U.S. market futures were negative before North American stock markets opened Friday.

The Canadian dollar was at 75.34 cents US, down 0.31 of a U.S. cent from Thursday's close.

The Dow Jones industrial futures were down 106.0 points at 16,544.0 before markets opened while the Nasdaq futures fell 26 points to 4,302.0, and the S&P 500 futures declined 13.5 points to 1,975,8.

On the commodity markets, the December gold contract rose $3.70 to US$1,126.30 an ounce, the October crude contract was down 53 cents at US$42.03 a barrel and the October contract for natural gas was up four cents at US$2.70.

On Thursday, the S&P/TSX index in Toronto rose 385.08 points to close at 13,766.67 and the loonie gained  0.59 of a U.S. cent.

 

The Canadian Press

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