TSX dives back into the red after dismal third quarter

TORONTO — The Toronto stock market fell back into the red after a two-day respite from the kind of severe declines that saw many indexes turn in their worst quarterly performance in years.The S&P/TSX composite index closed down 65.07 points at 13,241.89, adding to the 8.5 per cent decline that Canada’s main index has endured since the end of June.The Dow Jones industrial average was down 12.69 points at 16,272.01, while the S&P 500 gained 3.79 points to 1,923.82 and the Nasdaq added 6.92 points to 4,627.08.As markets say good-bye to worst quarter in 4 years, analysts warn more trouble to comeOn commodity markets, the November contract for benchmark crude oil was down 35 cents at US$44.74 a barrel and November natural gas fell 9.1 cents to US$2.433 per thousand cubic feet. December gold lost $1.50 to US$1,113.70 an ounce, while December copper was down 3.7 cents at US$2.305 a pound.The loonie advanced 0.51 of a U.S. cent to 75.44 cents US after adding 0.4 of a U.S. cent on Wednesday.

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