Toronto stocks slipped Tuesday, with the market pulled lower by the financials sector despite a strong day in the energy sector.

The S&P/TSX composite index fell 11.58, or 0.09%, to 12,530.87, continuing a three-session losing streak in which the market has given up 114.03.

Half of the 10 TSX main sub-groups were down.

Financials fell 0.98%, with shares of five of the Big Six Canadian banks, which all report their fourth quarter and annual numbers this week or next, down on the day. Only Bank of Nova Scotia, up 10¢, or 0.19%, to $52.48, escaped the downward trend.

Bank of Montreal reported a year-end profit of $2.7 billion, an 11 per cent increase over the previous year and an all-time high, but weakness in the fourth quarter numbers caused a drop in the share price. BMO shares fell $2.29, or 3.20%, to $69.22.

The energy index rebounded 1.00%, after falling 0.75% yesterday.

Crude for January delivery closed up 54¢ at US$60.86 a barrel.

EnCana Corp. gained 80¢, or 1.39%, to $58.50.

The materials sector moved up 0.13%, while the gold sub-sector gained 0.59%.

Gold for January delivery closed down $3.30 at US$637.30.

The S&P TSX Venture composite index fell 23.97, or 0.87%, to 2,724.44.

In New York, markets rebounded somewhat after big losses in yesterday’s session.

The Dow Jones Industrial index moved up 14.74, or 0.12%, to 12,136.45, the Nasdaq composite d gained 6.69, or 0.28%, to 2,412.61, the S&P 500 moved up 4.82, or 0.35%, to 1,386.72.