CANADA STOCKS-TSX slumps as oil tumble hurts energy stocks
(Adds investor comment, updates prices to close)
* TSX ends down 183.21 points, or 1.24 percent, at 14,595.11
* All of the TSX's 10 main groups fall; energy off 1.7 pct
* Index's fall was biggest since Sept. 13
By Alastair Sharp
TORONTO, Nov 2 (Reuters) - Canada's main stock index fell sharply on Wednesday as tumbling oil prices weighed on energy shares and investors worried about disappointing earnings and a tightening U.S. presidential race.
The Toronto Stock Exchange's S&P/TSX composite index ended down 183.21 points, or 1.24 percent, at 14,595.11. It was the index's sharpest one-day loss since Sept. 13, with more than seven declining stocks for every advancer.
"It wasn't pretty," said Michael Sprung, president at Sprung Investment Management. "Oil's been having a very tough week, and the stocks are reflecting that."
The index's large energy group fell 1.7 percent as oil prices dropped for a fourth day, down 3 percent after a record weekly build in U.S. crude inventories stoked concerns about a global supply glut. Continued...