Toronto stocks fell modestly Tuesday, as weakness in the materials and financials sectors offset strength in energy and the broader market.

The S&P/TSX composite index fell 10.35, or 0.08%, to 13,406.33.

Eight of the 10 TSX main sub-groups closed up.

The financials index fell 0.80%.

Bank of Nova Scotia fell 59¢, or 1.11%, to $52.80.

The energy index rose 0.75%, despite a slide in the price of oil. Light, sweet crude for June delivery fell $1.31 to US$64.40 a barrel.

EnCana Corp. gained 70¢, or 1.20%, to $58.80.

The materials sector fell 0.38%, while the gold sub-sector dropped 0.35%.

Gold futures fell $6.20 to close at US$677.30.

Kinross Gold Corp. fell 23¢, or 1.56%, to $14.54.

The Canadian dollar fell 0.03 of a cent lower to US90.05¢.

The S&P TSX Venture Exchange fell 38.82, or 1.19%, to 3,227.10.

In New York, markets were up, and the Dow Jones industrial average posted a new record high, as investors cheered lower oil prices and strong economic data.

The Dow Jones industrial average gained 73.23, or 0.56%, to 13,136.14, the Nasdaq moved up 6.44, or 0.26%, to 2,531.53, and the S&P500 rose 3.93, or 0.27%, to 1,486.30.