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North American financial markets are headed for a lower open today after much weaker-than-expected U.S. jobs data for May that pointed to labor market weakness and raised doubts when the economy was healthy enough to absorb an interest rate hike in the coming months.

TORONTO – Canada\’s main stock index edged lower on Monday as energy stocks retreated ahead of a meeting of oil producers later within the week, while mining stocks and financials also fell in a low-volume session with U.S. markets closed for Memorial Day.

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