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TORONTO — The futures market suggested a lower open for U.S. stock markets as the price of oil moved down.
The June contract for North American benchmark crude oil was down 85 cents at US$41.62.
The Canadian dollar fell 0.04 of a cent at 78.95 cents U.S.
The loonie hit its highest level since last summer on Tuesday, helped by a bounce in energy prices and strength in metals.
The climb has also been helped by the U.S. Federal Reserve's decision to slow its pace of interest rate hikes.
The June contract for an ounce of gold was down US$5.00 at US$1,249.30, while the May contract for natural gas was unchanged at US$2.088.
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