Stocks in Toronto knew the highest heights Thursday morning before a rash of selling brought the index into minus country by the closing bell.
The S&P/TSX Composite lost 146.98 points to 21,058.18.
The Canadian dollar was unchanged at 79.93 cents U.S.
Consumer stocks proved the biggest anchor on the index Thursday, with Magna International swooning $4.65, or 4.4%, to $101.34, while Martinrea International lost 45 cents, or 4.1%, to $10.55.
Gold stocks lost their lustre, with Eldorado Gold stumbling 47 cents, or 3.8%, to $11.94, while New Gold faltered nine cents, or 4%, to $2.16.
In other resource stock, Endeavour Silver shed 18 cents, or 3.1%, to $5.65, while Agnico Eagle Mines dipped $2.24, or 3.3%, to $65.66.
Industrials tried to steer the ship upward, with Richelieu Hardware hiking $3.65, or 8.2%, to $48.31, while Lifeworks picked up 41 cents, or 1.5%, to $27.28.
Utilities also gained, with Boralex ahead … Read more