December 23, 2008 / 5:20 PM / 9 years ago

CANADA STOCKS-TSX turns negative on U.S. data, oil

TORONTO, Dec 23 (Reuters) - Toronto’s main stock index turned negative at midday on Tuesday as dismal U.S. economic data and a 4 percent drop in the price of U.S. crude oil weighed on the market.

The Toronto Stock Exchange’s S&P/TSX composite index .GSPTSE was down 4.01 points at 8,245.52 after climbing as high as 8,421.13 earlier in the day.

$1=$1.22 Canadian Reporting by Scott Anderson; editing by Peter Galloway

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