TSX turns negative shortly after open as gold miners lead declines

Tue Oct 15, 2013 9:45am EDT
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TORONTO Oct 15 (Reuters) - Toronto stocks turned lower shortly after the open on Tuesday, led by weaker gold miners, as optimism U.S. lawmakers could finalize a deal to avert defaulting on federal debt dragged prices of safe-haven bullion to three-month lows.

The resource-heavy Toronto Stock Exchange's S&P/TSX composite index was down 47.71 points, or 0.37 percent at 12,844.40, after opening higher. Nine of the index's 10 main groups were in negative territory.