Toronto stock index dives 400 pts on US woes, RIM

Fri Sep 26, 2008 10:44am EDT
 
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TORONTO, Sept 26 (Reuters) - The Toronto Stock Exchange's main index skidded further on Friday morning, losing more than 3 percent after talks on the U.S. bailout plan stalled, and Research In Motion RIM.TO issued a softer forecast.

The S&P/TSX composite index .GSPTSE was down 401.71 points, or 3.2 percent, at 12,144.80. (Reporting by Leah Schnurr; Editing by Peter Galloway)