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TORONTO, May 15 (Reuters) – Canada’s main stock index

dropped more than 1 percent on Wednesday, led lower by declines

in all major sectors, as investors were disappointed by weak

economic data from Europe and the United States.

The Toronto Stock Exchange’s S&P;/TSX composite index

was down 127.93 points, or 1.02 percent, at 12,449.12

in mid-afternoon trade.