January 18, 2008 / 4:28 PM / 10 years ago

Toronto stock index turns red on U.S. stimulus news

TORONTO, Jan 18 (Reuters) - The Toronto Stock Exchange’s main index turned negative on Friday morning, handing back earlier gains as details were revealed on an economic stimulus package that is intended to stave off a possible U.S. recession.

The S&P/TSX composite index .GSPTSE was down 11.56 points, or 0.1 percent, at 12,784.07. It was up more than 140 points earlier in the session.

($1=$1.03 Canadian)

Reporting by Jonathan Spicer; Editing by Renato Andrade

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