Closing Bell Toronto stock market ends lower on concerns about European economy

TORONTO — The Toronto stock market closed the session lower as weakness spread across key sectors amid growing concerns about the European financial crisis.Here are the closing numbersTSX — 11,330.39 -105.15  -0.92%S&P 500 — 1,313.72 -21.30 -1.60%Dow — 12,502.66 -138.12 -1.09%Nasdaq — 2,836.16 -56.26 -1.95%The S&P/TSX was off 105.15 points at 11,330.39, in low volume trading.TSX energy stocks dropped 2.1% as the August crude contract on the New York Mercantile Exchange ended down 55 cents to US$79.21 a barrel, continuing a slump that has brought the price down from US$110 in late February.The gold index was on the upside, rising 1.6%, as August gold moved up US$21.50 to end at US$1,588.40 an ounce, while July copper rose one cent to US$3.32 a pound.On Wall Street, the Dow Jones average fell 138.12 points to 12,502.66, the Nasdaq lost 56.26 points to 2,836.16 and the S&P 500 slid 21.30 points to 1,313.72.The Canadian dollar was down 0.44 of a US cent at 97.16 US cents.Here’s the news investors were watching today:George Soros warns euro at risk if summit failsRIM says company committed to turnaround despite reports of a splitGermany kills hopes of quick fix as eurozone cliff loomsBMO to close 24 U.S. branchesON DECK TUESDAYECONOMIC NEWSOECD releases economic survey of United States UNITED STATES9 a.m.S&P Case-Shiller home price index (April): Economists expect a 0.3% rise from the month before, 2.5% decline year over year Conference Board consumer confidence index (June): Economists expect a reading of 63, down from the month before CORPORATE NEWSUNITED STATESH&R Block Q4 earnings: Analysts expect US$2.05 a share Walgreens Q3 earnings: Analysts expect 62¢ a share


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