TSX falls 1.5 percent to 11,348.02. - MoneySense

TSX falls 1.5 percent to 11,348.02.

European debt crisis continues to worry investors.


The TSX dropped sharply this morning, as worries about the European debt crisis continued to foster, reports The Canadian Press.

The S&P/TSX composite index fell 1.5% to to 11,346.9, with financials pressured to sell after the Bank of Spain seized a local lender on the weekend.

Canadian mining and energy stocks were hit hardest.

At mid-morning, the Canadian dollar was down 1.88 cents to 92.52 cents US.