The Globe and Mail reports in its Friday edition that Canada's main stock index closed lower on Thursday, weighed by declines for the shares of energy, technology and some telcos as investors digested some mixed corporate earnings reports. A Reuters dispatch to The Globe says that U.S. indexes closed mixed. The S&P/TSX Composite Index ended down 35.35 points at 25,534.49, giving back some of its gains over the past two sessions. The communications services sector lost 3 per cent, with BCE down 6.1 per cent after its quarterly earnings missed estimates. Rogers Communications ended 6.7 per cent lower. Shares of Lightspeed Commerce tumbled 12.9 per cent as the payments software firm missed quarterly revenue expectations and said it has completed its strategic review process and decided to remain a public company. Energy fell 1.2 per cent as the price of oil settled lower at $70.61 (U.S.) a barrel but heavily weighted financials notched gains, with shares of Great-West Lifeco jumping 10.4 per cent after the company's quarterly results. Industrials also ended higher, helped by a gain of 6.6 per cent for the shares of Thomson Reuters as the company forecast a pickup in underlying revenue growth over this year and next.
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