Toronto stock index tumbles more than 100 points

Thu Jan 31, 2008 9:38am EST
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TORONTO Jan 31 (Reuters) - The Toronto Stock Exchange's main index dropped more than 100 points early on Thursday, hit by lower commodities, a big jump in U.S. jobless claims, and concern over more losses at global financial institutions.

The S&P/TSX composite index .GSPTSE tumbled 105.86 points, or 0.8 percent, to 12,892.35 immediately after trading began.

($1=$1.01 Canadian) (Reporting by Jonathan Spicer; Editing by Scott Anderson)