India, July 24 -- Higher Canadian and U.S. futures and fairly steady bullion prices point to a positive start on Bay Street Friday morning. However, persisting worries about the ongoing Middle East conflict may hurt sentiment and limit market's upside. Weak oil prices could weigh on energy stocks.

In Canadian earnings news, Canadian National Railway Company reported second-quarter net income of C$1.25 billion, compared with C$1.17 billion in the previous year. Earnings per share were C$2.06 versus C$1.87 last year.

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