India, Oct. 22 -- Lower Canadian and U.S. index futures and weak precious metals prices are likely to weigh on Canadian stocks Thursday morning. Additionally, the sharp rise in oil prices has fueled inflation and interest rate concerns.
West Texas Intermediate Crude oil futures are up $2.29 or 2.36% at $99.44 a barrel.
Gold futures are down $48.60 or 1.1% at $4,101.40 an ounce, while Silver futures are down $1.685 or 2.6% at $56.025 an ounce.
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