Toronto stocks slump 300 points on banks, resources

Tue Jan 15, 2008 11:51am EST
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TORONTO Jan 15 (Reuters) - Toronto's main stock market index dived to its lowest level in more than three weeks on Tuesday amid falling commodity prices and abiding worries over North American financial shares.

By late morning, the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was down 300.97 points, or 2.2 percent, at 13,397.31. ($1=$1.02 Canadian) (Reporting by Scott Anderson; Editing by Bernadette Baum)