Toronto stocks tumble 300 points, resources lead

Wed Jul 2, 2008 12:44pm EDT
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TORONTO, July 2 (Reuters) - The Toronto Stock Exchange's main index skidded further on Wednesday, declining 300 points, amid negative economic sentiment, while coal companies were knocked down by the tumbling price of the commodity.

The S&P/TSX composite index .GSPTSE was down 302.37 points, or 2.1 percent, at 14,164.66 early in the afternoon. (Reporting by Leah Schnurr; Editing by Peter Galloway)