CANADA STOCKS-TSX falls more than 1 percent in early trade

Wed Aug 10, 2011 9:43am EDT
 
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 TORONTO, Aug 10 (Reuters) - Toronto's main stock market
index fell more than 1 percent shortly after the open on
Wednesday, as bank and oil shares gave back some of Tuesday's
gains and a sharp drop in U.S. stocks weighed on investor
sentiment.
 The Toronto Stock Exchange's S&P/TSX composite index
.GSPTSE fell 125.40 points, or 1.04 percent, to 11,983.86.
Nine of 10 main groups were lower, with utilities clinging to
positive territory.
 (Reporting by Andrea Hopkins; Editing by Jeffrey Hodgson)