TSX at 3pm: Toronto Stocks Tumble as Energy Shares Decline

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Toronto's main stock index hit its lowest point of the year today as energy and financial shares declined in the wake of disappointing U.S. jobs data.

In late afternoon trading, the S&P TSX Composite Index was off about 160 points at 11,856, recovering from a session low of 11,824, its lowest level since December 30, 2011.

The energy sector fell about 2% as Canadian Oil Sands (COS.TO) and Suncor Energy (SU.TO) lost ground on weaker crude oil prices. The financial sector was down more than 1%.

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