CANADA STOCKS-TSX opens slightly lower before Fed decision

Tue Dec 16, 2008 9:39am EST
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TORONTO Dec 16 (Reuters) - The Toronto Stock Exchange's main index opened slightly lower on Tuesday ahead of a U.S. Federal Reserve announcement on interest rates, with expectations that it will cut rates.

The S&P/TSX composite index .GSPTSE was down 25.78 points, or 0.3 percent, at 8,436.05. (Reporting by Jennifer Kwan; editing by Peter Galloway)