Toronto stocks fell late in the session Thursday, led by technology and financial shares as investors moved to lock in profits.

The S&P/TSX composite index closed the day down 46.75 points, or 0.33%, at 14,229.44.

Seven of the 10 TSX main groups fell.

U.S. and Canadian tech stocks took a dive in afternoon trade that was spurred by downbeat brokerage comments on Baidu.com Inc., China’s top Web search firm.

The TSX information technology sector shed 0.9%, as BlackBerry-maker RIM saw its shares plunge $4.59, or 4%, to $109.99.

The financial sector gave up 0.5%. Manulife Financial dropped 36¢, or 0.9%, to $41.64.

On the upside, the energy sector logged a modest gain, up 0.5%, as U.S. crude oil futures jumped 2% to above US$82 a barrel on supply worries.

Canadian Oil Sands Trust climbed $1.42, or 4.6%, to $32.42.

The junior S&P/TSX Venture composite index bucked the day’s downtrend, adding 19.73 points, or 0.68%, to 2,918.97.

The Canadian dollar closed up 0.41 of a cent to US102.43¢ following a report from Statistics Canada that a sharp decrease in imports left Canada’s merchandise trade surplus at $4.1 billion in August, up from $3.7 billion in July.

In New York, stocks closed lower after reaching record highs earlier in the day.

A downbeat brokerage comment on Chinese Internet company Baidu.com Inc. unnerved investors.

The Dow Jones industrial average was down 63.57 points, or 0.45%, to end at 14,015.12. The S&P 500 was down 8.06 points, or 0.52%, at 1,554.41. The Nasdaq composite index was down 39.41 points, or 1.40%, to close at 2,772.20.