CANADA STOCKS-TSX tumbles along with oil prices

Fri Jan 9, 2009 4:10pm EST
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TORONTO Jan 9 (Reuters) - Toronto's main stock index closed sharply lower on Friday as the latest economic data from Canada and the United States provided more evidence of a global recession, undercutting oil prices and shaking Toronto's resource heavy market.

The S&P/TSX composite index .GSPTSE unofficially closed down 159.16 points, or 1.73 percent, at 9,062.42.

That was barely above its session low of 9,053.16, and far from an early high that had the market up 45.93 points shortly after the open. (Reporting by Frank Pingue; editing by Peter Galloway)