TSX Recoups 30 Pts Over Final Hour, But Still Closes Down 125 Pts; Energy Stocks Run Out of Puff
Toronto's main stock index recouped 30 points over the final hour but still ended Wednesday's session down around 125 points and below the 13,000 mark amid concerns about the pace of economic recovery in the U.S. - Canada's largest trading partner - after the release of disappointing U.S. economic data.
In addition, fears over Greek debt weighed.
Energy stocks weakened with the price of oil, which fell more than US$5 a barrel on the back of a stronger U.S. dollar and patchy U.S. data. Suncor Energy (SU.TO) lost $1 to close at $37.36.
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