Canada S&P/TSX, Oct 23, 2012 TSX down more than 1.4 percent on credit downgrade of five Spanish regions

The Toronto Stock Exchange's S&P/TSX composite index (GSPTSE) shred more than 1.4  percent,  closed at 12,225.84 on this Tuesday October 23,2012.

This  is due to  bearish U.S. corporate forecasts and a credit downgrade of five Spanish regions.
S&P/TSX day plot on Oct 23, 2012