The TSX further declined in Thursday’s session, as losses in gold and tech stocks overruled gains in mining and energy shares.
The S&P/TSX composite index jettisoned 124.20 points to close at 15,223.14
The Canadian dollar faded 0.37 cents to 82.87 cents U.S.
Among materials, Goldcorp and Potash Corp both reported poor quarterly results, as copper prices extended their surge.
The gold producer plunged $1.50, or 6.2%, to $22.71, while the fertilizer company slipped 39 cents, or 1%, to $39.40
Among energy issues, Canadian Natural Resources let go of 30 cents to $40.09.
Among information technology stocks, BlackBerry ditched 23 cents, or 1.8%, to $12.25.
In the utilities sector, Canadian Utilities lost 76 cents, or 1.9% to $39.20.
Lundin Mining was the most actively traded stock, gaining 57 cents, or 10.5%, to $6.00, on volume of 9.8 million.
On the economic front, Statistics Canada’s said Gross Domestic Product for February was unchanged after a 0.2% decline in January. The agency said the increase in the output of service industries, primarily in retail trade, was offset by an overall decline in goods-producing industries.
ON BAYSTREET
The TSX Venture Exchange fell 1.4 points to 695.97
All but two of the 14 Toronto subgroups were down, with gold retreating 2.2%, while the information technology and consumer staples sectors each slid 2%.
The two gainers were metals and mining, up 2.3%, and global base metals, up 0.9%.
ON WALLSTREET
U.S. stocks closed down more than 1% on the last day of trade for April as investors weighed mixed economic data and continued weakness in the dollar.
The Dow Jones Industrials lost 195.01 points, or 1.1%, to 17,840.52, with Apple down 2.7% as the greatest laggard. American Express,
Wal-Mart and Coca-Cola were the only blue chips advancers.
The blue-chip index clung to gains of 0.1% for 2015. Earlier, the index lost more than 250 points, temporarily to wipe out gains for the year.
The S&P 500 index skidded 22.40 points to 2,084.45, with information technology leading all 10 sectors lower.
The NASDAQ tumbled 85.35 points to 4,938.29
Earlier, stocks briefly halved losses as investors found some relief from news of progress towards a deal on Greece. An International Monetary Fund spokesman said the fund does not expect the country to exit the euro-zone.
Major earnings on Thursday included Exxon Mobil, Colgate-Palmolive, ConocoPhillips, CME Group, Viacom, Imax and Beazer Homes before market open.
Exxon Mobil posted first-quarter earnings that declined sharply from a year ago but handily beat expectations on both the top and bottom lines.
AIG, Visa, LinkedIn, Western Union and Dreamworks Animation were due after the bell.
Weekly jobless claims came in at 262,000, a 15-year low. U.S. personal income was flat in March, and consumer spending up just 0.3% when adjusted for inflation.
April's Chicago Purchasing Managers' Index survey came in at 52.3, topping expectations.
Prices for 10-year U.S. Treasuries rallied, lowering yields to 2.04% from Wednesday’s 2.05%. Treasury prices and yields move in opposite directions.
Oil prices tacked on 94 cents to $59.52 U.S.
Gold prices collapsed $27.80 to $1,182.20 U.S.
