Toronto stocks take hit from weak commodities

Thu May 29, 2008 4:05pm EDT
 
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TORONTO May 29 (Reuters) - Tumbling resources sent the Toronto Stock Exchange's main index lower on Thursday amid sliding commodity prices, while Canadian Imperial Bank of Commerce (CM.TO: Quote) helped weigh it down after it reported another big quarterly loss.

The S&P/TSX composite index .GSPTSE unofficially closed down 109.03 points, or 0.74 percent, at 14,579.59. (Reporting by Leah Schnurr; Editing by Peter Galloway)