CANADA STOCKS-TSX falls 1 percent to 2-mth low; Iamgold, fiscal fears weigh

Wed Nov 14, 2012 11:13am EST
 
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TORONTO Nov 14 (Reuters) - Canada's main stock index dropped 1 percent on Wednesday, hurt by a 15-percent drop in Iamgold Corp after it posted results, as well as fiscal fears in Europe and the United States that weighed on investors.

At midmorning, the Toronto Stock Exchange's S&P/TSX composite index was down 131.23 points, or 1.08 percent, at 12,003.43. Earlier in the session, and the index hit 11,992.38, its lowest since Sept. 5.