CANADA STOCKS-TSX drops to 14-week low, commodities pressure

Fri May 21, 2010 9:41am EDT
 
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TORONTO May 21 (Reuters) - Toronto's main stock index slumped to a 14-week low on Friday on rising concerns that Europe's debt crisis could hurt global economic growth, with the decline deepest in the resources groups due weakening commodity prices.

The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE lost 138.31 points, or 1.21 percent, to hit 11,267.64. All of the index's 10 main groups were down more than 1 percent, led by energy and materials groups. (Reporting by Ka Yan Ng; Editing by Jeffrey Hodgson)