Equities in Toronto put an end to a string of successful days Tuesday, as losses in resource stocks overwhelmed gains in industrial issues
The S&P/TSX Composite Index fell 42.11 points to end Tuesday at 15,474.12
The Canadian dollar gained 0.08 cents to 80.95 cents U.S
Gold stocks got clobbered the worst, as Kinross Gold was bruised nine cents, or 1.7%, to $5.30, and Barrick Gold toppled 29 cents, or 1.4%, to $20.25.
In the materials sector, Teck Resources retreated 14 cents to $26.13, while Potash Corporation of Saskatchewan dipped 11 cents to $23.78.
In the consumer staples sector, restaurant chain Freshii Inc. took a pounding, $3.05, or 34.4%, to $5.81, while Tim Hortons owner Restaurant Brands lost 19 cents to $78.96.
Industrials tried to stem the negative tide, as Bombardier soared 14 cents, or 6.5%, to $2.28, while wood panel manufacturer Norbord jumped $1.22, or 2.5%, to $50.90.
The TSX Venture Exchange retreated 6.51 points to 775.93
All but two of the 12 TSX subgroups remained negative to the closing bell, as gold faded 1.9%, materials dumped 1.1%, and consumer staples demurred 0.4%
The two gainers were industrials, up 0.2%, while information technology inched ahead 0.03%.
U.S. stocks traded in a narrow range Tuesday as technology stocks attempted to recover from their worst day in more than a month.
The Dow Jones Industrials ended the day down 11.77 points to 22,284.3, after spending much of the session in the green.
The S&P 500 squeaked ahead 0.18 points to 2,496.84. Information technology rose about a quarter of a percentage point to lead S&P 500 advancers, while materials stocks were among the greatest decliners.
The NASDAQ improved 9.57 points to 6,380.16
Among firms reporting earnings today were Micron Technology and NIKE.
U.S. Federal Reserve Chair Janet Yellen said in a speech Tuesday that the Fed may have overstated the labor market's strength and rate of inflation, indicating future monetary policy will be more accommodative than previously thought.
In the macroeconomic end of things, U.S. consumer confidence for September fell to 119.8 from 120.4 in August.
New Home Sales fell 3.4% in August, versus expectations for a gain.
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 5.9% annual gain in July, up from 5.8% the previous month and better than the 5.7% expected by economists
Prices for the benchmark 10-year Treasury note lost strength, raising yields to 2.24% from Monday's 2.22%. Treasury prices and yields move in opposite directions.
Oil prices slipped 32 cents a barrel to $51.90 U.S.
Gold prices lost $12.70 to $1,298.80 U.S. an ounce