Loonie drops quarter cent, index futures negative

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.

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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 .



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