TSX Close: Toronto Stocks Finish Lower on Weak Jobs Data, Lower Crude Prices

By Midnight Trader,  May 04, 2012, 04:00:31 PM EDT

Toronto's main stock index ended the Friday trading session 1.2% lower after a U.S. jobs report came in weaker than expected and crude oil prices hit three-month lows.

The S&P TSX Composite Index ended the week at 11,871, a 143 point decline.

Earlier today the TSX hit a year low of 11,824.

The energy sector fell more than 2% after crude oil settled at below $100 a barrel for the first time since February.

Heavily traded Bombardier (BBD-B.TO) was off 1.2%.

Gold stocks advanced on higher bullion prices.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

Referenced Stocks:



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