Toronto stocks fell Wednesday, as a falling energy sector led all indices lower. The S&P/TSX composite index lost 198.89, or 1.63%, to finish at 11,999.74.

Nine of the 10 TSX main sub-groups were down, with just utilities, regarded as a defensive sector, registering a modest 0.07% gain.

In a widely expected move, the Bank of Canada kept its key rate at 4.25%.

The energy sector fell 3.31%. The benchmark October contract for crude oil ended down $1.10 at US$67.20 a barrel.

EnCana Corp. fell $2.42, or 4.08%, to $56.91.

The materials index fell 0.88% and the gold sub-sector lost 0.44%.

Gold for December delivery dropped $5.10 to US$641.80 an ounce.

Kinross Gold Corp. lost 11¢, or 0.66%, to $16.57.

The Canadian dollar was up 0.47 of a cent to US90.42¢.

The S&P/TSX Venture Exchange index lost 14.79, or 0.53%, to 2,798.80.

In New York, markets were lower as investors registered concern about the domestic economy’s prospects.

The Dow Jones industrial average fell 63.08 points to 11,406.20, the Nasdaq composite index was down 37.86 points to end at 2,167.84, and the S&P 500 index dropped 12.99 points to 1,300.26.