CANADA STOCKS-TSX extends decline as energy, financials weigh

Tue Jul 7, 2009 10:50am EDT
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TORONTO, July 7 (Reuters) - Toronto's main stock index dropped 1 percent on Tuesday morning, as declines in weighty energy and financial issues were underscored by nagging concerns about the global economic recovery and the falling price of oil.

The S&P/TSX composite index .GSPTSE fell 100.67 points, or 1 percent, to 9,926.76. Nine of the index's 10 main groups were lower. Earlier, the index had risen as high as 10,078.56.

($1=$1.16 Canadian) (Reporting by Ka Yan Ng; editing by Rob Wilson)