Toronto stocks ended lower Thursday, as the market sustained broad but modest losses through almost all sectors, after a big run-up in yesterday’s session.
The S&P/TSX composite index fell 45.49, or 0.34%, to 13,444.63. On Wednesday, the senior index gained 222 points.
Nine of the 10 TSX main sub-groups were down.
The materials index fell 0.25%, while the gold sub-index dropped 0.60%.
Gold for December delivery fell $1.50 to US$673.90 an ounce on the New York Mercantile Exchange.
Kinross Gold Corp. gained 12¢, or 0.98%, to $12.40.
The energy index fell 0.30%.
Light, sweet crude lost 15¢ to close at US$73.36 a barrel.
Nexen Inc. fell 35¢, or 1.20%, to $28.70.
Financials fell 0.37%.
Bank of Nova Scotia fell 21¢, or 0.41%, to $51.17.
The Canadian dollar was up 0.16 of a cent to US94.46¢.
The S&P/TSX Venture composite index dipped 3.46, or 0.13%, to 2,586.00.
In New York, markets closed mixed as investors remained concerned with the extent of the current credit squeeze.
The Dow Jones industrial average fell 50.56 points, or 0.38%, to 13,238.73, the Nasdaq composite index ticked ahead 2.14, or 0.08%, to 2,565.30, and the S&P500 fell 6.12, or 0.42%, to 1,457.64.