Toronto stocks moved down Tuesday, as falling resources prices weighed down the broader market and investors took in the Bank of Canada’s decision to hold the line on interest rates.

The S&P/TSX composite index fell 111.02 points, or 0.79%, to 13,962.72.

The central bank announced that it would leave the key overnight rate at 4.25%, but hinted that rates might head higher soon if inflationary pressures continue.

The Canadian dollar moved up 0.58 of a cent to US93.15¢.

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

The energy index fell 1.46%.

Light, sweet crude fell $2.05, or 3.1%, to US$63.15 a barrel.

Nexen Inc. fell 2¢, or 0.06%, to $31.88.

The materials group fell 1.56%, while the gold sub-index fell 1.39%.

Gold futures gained up $1.90 to US$657.20 an ounce.

Goldcorp Inc. dipped 21¢, or 0.86%, to $24.34.

Financial services fell 0.42%. Bank of Nova Scotia moved up 50¢, or 0.93%, to $54.25 as the country’s third-largest bank announced a second-quarter profit of $1.04 billion, a jump of 16% from the same period last year.

Royal Bank of Canada fell 61¢, or 1.03%, to $58.44.

The S&P/TSX Venture composite index gave up 18.58 points, or 0.58%, to 3,207.55.

In New York, markets moved ahead on merger and acquisition news.

The Dow Jones industrial average gained 14.06, or 0.10%, to 13,521.34, the Nasdaq gained 14.87, or 0.58%, to 2,572.06, and the S&P500 edged ahead 2.38, or 0.16%, to 1,518.11.