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Toronto stock market heads lower amid falling crude prices, earnings news

2014-11-12 17:07:27| Oil & Gas - Topix.net

Oil and gas stocks led the way to a lower session on the Toronto stock market amid rising oil prices and an earnings report from energy sector heavyweight Encana that fell short of expectations. Trading is expected to be more active as banks, businesses and Treasury markets were closed Tuesday for Remembrance Day in Canada and Veterans Day in the U.S. New York indexes also declined with the Dow Jones industrials down 69 points to 17,545.9, the Nasdaq gave back 12.3 points to 4,648.26 and the S&P 500 index fell 6.56 points to 2,033.12.

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