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Futures point to lower open for U.S. markets, investors watching Bombardier

TORONTO — The futures market pointed to a negative open for U.S. stock markets as the loonie moved higher.

The loonie was up 0.12 of a cent at 79.37 cents US.

The move came as the June contract for benchmark North American crude oil fell 22 cents to US$45.11.

Elsewhere on the commodity markets, the June gold contract gained US$6.60 at US$1,257.00 per troy ounce, while the June contract for natural gas fell 4.4 cents to US$2.109 per mmBtu.

Investors will be watching shares of Bombardier (TSX:BBD.B) after the company announced Delta Air Lines has placed a big order of CSeries jets worth at least US$5.6 billion, based on list prices.

Delta has placed a firm order for 75 CS100 aircraft with options for an additional 50 CS100 aircraft in what would be the largest order for the CSeries jets.

The Canadian Press

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