Toronto stocks finished lower Tuesday in a quiet Remembrance Day session. The S&P/TSX composite index fell 43.22 points to close at 7,772.24.

Market momentum was negative as 684 issues declined and 501 advanced.

The information technology sector led the decline with a drop of 1.7%, while the heavily weighted financial services index fell 0.5%.

Among technology shares, Celestica fell 53¢ to $19.62, while Nortel Networks slipped 15¢ to $5.70.

CIBC fell 65¢ to $59.35, while Royal Bank dropped 44¢ to $63.81.

The junior S&P/TSX Venture composite index rose 3.73 points to close at 1,602.48.

In New York, stocks sagged in moderate trading as many Wall Streeters took the Veterans Day holiday off. Banks and the bond market were closed.

Investors are looking ahead to data on initial jobless claims and international trade on Thursday and on producer price, retail sales and industrial production on Friday for more hints to the health of the economy.

The Dow Jones industrial average shed19 points to 9,737. The S&P 500 fell 0.5 of a point to 1,046, while the tech-heavy Nasdaq composite index slipped 11 points to1,931.

The Canadian dollar rose against the U.S. greenback in a quiet holiday session. The loonie closed at US76.24¢, up marginally from US76.21¢ at Monday’s close.