Toronto stocks tumble broadly, banks lead the way

Thu Jul 24, 2008 4:04pm EDT
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TORONTO, July 24 (Reuters) - The Toronto Stock Exchange's main index sank more than 2 percent on Thursday in a broad decline sparked by losses in financial-services shares as sour data highlighted concerns over the U.S. economic outlook.

The S&P/TSX composite index .GSPTSE unofficially closed down 299.48 points, or 2.22 percent, at 13,213.18. (Reporting by Leah Schnurr; Editing by Peter Galloway)