Reuters

Falling oil, weak results hit Toronto stocks

Tue Jul 22, 10:25 AM

TORONTO (Reuters) - Toronto stocks dropped 200 points in morning trading on Tuesday as soft energy prices, weak results from a top railway company and bleak news from a big U.S. financial institution weighed on the market.

The Toronto Stock Exchange's S&P/TSX composite index was down 200.76 points, or 1.5 percent, at 13,488.43.

($1=$1.01 Canadian)

(Reporting by Scott Anderson; Editing by Bernadette Baum)

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