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Loonie, North American stock markets down mid-morning

TORONTO — The Canadian dollar and North American stock markets were down Thursday morning.

The Toronto Stock Exchange's S&P/TSX index dipped 6.53 points to 13,457.29. On Wednesday, it fell 172.24 points.

The Dow Jones average of 30 stocks was down 54.42 points at 17,675.16, the broader S&P 500 index declined 5.77 points to 2,073.74 and the Nasdaq lost 4.79 points to 5,118.43.

The Canadian dollar was down 0.12 of a cent at 74.79 cents US.

On the commodity markets, the February gold contract rose $1.40 to US$1,055.20 an ounce, the January crude contract was down 36 cents at US$40.30 per barrel and the January contract for natural gas was down one cent at US$2.15.

The Canadian Press

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