CANADA STOCKS-TSX closes down to end three-day surge

Thu Oct 14, 2010 4:07pm EDT
 
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TORONTO Oct 14 (Reuters) - Toronto's main stock index closed lower on Thursday, retreating from a two-year high a day earlier, as it was weighed down by weak U.S. economic data.

All 10 of the index's main sectors were down, including the three heavyweights: energy, down 0.85 percent, materials, down 0.29 percent, and financials, off 0.2 percent. That compares a surge in the opposite direction on Wednesday, when materials rose 1.76 percent and energy came in 0.9 percent higher.

The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE unofficially closed 53.62 points, or 0.42 percent, lower at 12,619.69, slipping from its highest level in two years on Wednesday. (Reporting by Pav Jordan; editing by Jeffrey Hodgson)