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Loonie drops quarter cent, index futures negative before stock market open

TORONTO — The Canadian dollar was down about a quarter-cent early Wednesday before North American stock markets opened.

The loonie traded at 72.08 cents US, down 0.26 from Tuesday's close.

The Dow Jones index futures were down 45 points at 17,593.0, the S&P 500 futures decline 4.8 points to 2,068.0 and the Nasdaq lost 6.5 points to 4,684.0.

The February gold contract fell $1.20 to US$1,066.80 an ounce, the February crude contract was down 93 cents at US$36.94 per barrel and the February contract for natural gas was down 12 cents at US$2.25.

On Tuesday, the Toronto Stock Exchange's S&P/TSX index ended the session down 64.05 points at 13,245.75 .

The Canadian Press

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