TSX drops 1 percent on fears of stimulus withdrawal

TORONTO (Reuters) - Canada's main stock index fell more than 1 percent on Thursday, with every major sector in the red, due to concerns about a possible quicker-than-expected end to the U.S. Federal Reserve's stimulus program as well as weak economic data from China and Europe.

The Toronto Stock Exchange's S&P/TSX composite index (.GSPTSE) was down 147.25 points, or 1.15 percent, at 12,605.25 in mid-morning trade.

(Reporting by John Tilak; Editing by James Dalgleish)

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