Canadian Stocks Pare Losses

European bourses end lower; Asian markets hit by heavy selling

In Canada, the benchmark TSE 300 index ended down a mere 13.7 points to 8010, after sliding to 7956 earlier in the session. The 56 point bounce in the Dow this afternoon and the paring of losses in Nortel -- and the Nasdaq -- helped. Look for a very quiet morning Tuesday as all await the FOMC announcement. Ten of the 14 subindexes closed up Monday, led by the recent market leader, the Oil & Gas subindex.

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