CANADA STOCKS-TSX extends fall after Fed announcement

Wed Jun 20, 2012 12:48pm EDT
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TORONTO, June 20 (Reuters) - Toronto's main stock index touched a session low on Wednesday after the U.S. Federal Reserve extended its monetary stimulus to bolster a flagging recovery, renewing its effort to depress borrowing costs by selling short-term bonds to buy longer-dated ones.

The Toronto Stock Exchange's S&P/TSX composite index fell to 11,694.72, down 93.64 points, or 0.79 percent, immediately after the news. It later touched a session low of 11,681.23.