The Globe and Mail reports in its Friday, May 8, edition that stocks fell on Thursday as investors locked in some recent gains ahead of U.S. and Canadian jobs data, with energy shares among the biggest decliners. A Reuters dispatch to The Globe reports that the S&P/TSX Composite Index ended down 125.20 points, or 0.4 per cent, at 33,856.62, after notching on Wednesday its highest closing level in more than two weeks. The S&P 500 declined 0.38 per cent to end the session at 7,337.11 points. "Everybody's got one eye on the war, one eye on corporate earnings and I guess if you had a third eye it would be on the jobs data released [Friday]," said Allan Small Financial Group stockpicker Allan Small. Both the U.S. and Canada are due to release monthly employment data on Friday. Economists have forecast Canada's economy adding 15,000 jobs in April and the unemployment rate remaining at 6.7 per cent. The TSX energy sector fell 1.4 per cent as the price of oil settled 0.3 per cent lower at $94.81 (U.S.) a barrel in volatile trading. The materials group, which includes fertilizer companies and metal mining shares, fell 0.8 per cent. Industrials lost 0.9 per cent.