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Premarket: Stock selloff halted; loonie dives Add to ...

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A sense of calm has descended on global markets this morning after Thursday's drubbing, as traders regain a bit more appetite for risk, thinking that the Fed-induced selloff was overdone and has left bargains in its wake.

U.S. and Canadian stock futures suggest major indexes in North America could open with gains - although the premarket indicators are off their highs from earlier this morning, and European markets are also retracing some of their early day gains.

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