North American stocks were down Tuesday, though not to the extent seen in yesterday’s selloff, as the mood among investors turned bearish.

The S&P/TSX composite index closed down 33.35, or 0.29%, to 11,666.14.

The weak showing followed drops of almost 200 points in Toronto and New York on Monday after U.S. Federal Reserve chairman Ben Bernanke spooked markets by saying the central bank will remain vigilant in fighting inflation.

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

The energy index move down 0.38%. Crude for July delivery closed down 10¢ at US $71.35 a barrel.

EnCana Corp. lost 14¢, or 0.25%, to $55.60.

The materials index was off 1.57%

Gold for August delivery ended off $14 to close at US$634.70 an ounce.

Eldorado Gold Corp. gave up 3¢, or 0.56%, to $5.32.

The financial sector was up 0.64%. Bank of Nova Scotia moved up 69¢, or 1.55%, to $45.28.

The Canadian dollar closed down 0.69 of a cent at US89.85 cents.

The S&P/TSX Venture composite index lost 73.06 points, or 2.58%, to 2,757.17.

In New York, markets were still affected by yesterday’s comments by U.S. Federal Reserve chairman Ben Bernanke that he was considered about inflationary pressures in the economy.

The Dow Jones industrial average closed down 46.58 points at 11,002.14, after falling as much as 120 points lower during intra-day trading. The Nasdaq composite index lost 6.84 points at 2,162.78, and the S&P 500 fell 1.44 points to 1,263.85.