Toronto stocks sank Monday, as losses in the resource sectors led a broad-based sell off in the market.

The S&P/TSX composite index fell 144.17 points, or 1.03%, to 13,841.86. The index has lost 253.87 in the last two sessions.

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

The energy index fell 1.87%.

Light, sweet crude inched ahead 4¢ to US$69.18

Imperial Oil Ltd. fell 90¢, or 1.81%, to $48.78.

The materials index gave up 1.52%, while the gold sub-sector fell 2.04%.

Ivanhoe Minerals fell 43¢, or 2.82%, to $14.82.

August gold futures fell $2.30 to finish at US$654.70 an ounce.

Information technology lost 1.16%.

Research in Motion fell $5.25, or 2.88%, to $177.25.

The S&P/TSX Venture composite index fell 45.20 points, or 1.40%, to 3,185.89.

The Canadian dollar drifted lower by 0.08 of a cent to US93.41¢.

In New York, markets were jittery, though little changed, as investors continued to fret over the spectre of rising interest rates and the continued negative repercussions from the weakness of the sub-prime mortgage market.

The Dow Jones industrial average closed down 8.21 points , or 0.06%, to 13,352.05 after a day of volatile trading in which the market fell to a low of 13,299.78 and reached a high of 13,488.77.

The Nasdaq composite index gave up 11.88, or 0.46%, to 2,577.08

The S&P 500 dipped 4.82, or 0.32%, to 1,497.74.