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Loonie and price of oil creep higher

imageTORONTO – The futures market pointed to a mixed opening for U.S. stocks following a series of disappointing corporate earnings.
Results from Microsoft and Alphabet, the corporate parent of Google, both fell short of investor expectations.
Meanwhile, both the Canadian dollar and the price of oil ticked higher.
The loonie was up 0.05 of a cent at 78.62 cents U.S.
On the commodity markets, the June contract for North American benchmark crude gained 17 cents at US$43.35, while the June contract for natural gas was up 0.6 of a cent at US$2.214 per mmBtu.
The June gold contract shed US$2.70 at US$1,247.60 a troy ounce

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