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Sept. 13, 2012, 10:26 a.m. EDT

Canada stocks edge lower ahead U.S. Fed decision

SAN FRANCISCO (MarketWatch) -- Canadian equities edged lower Thursday, with technology and metals mining shares leading the losses, as the market awaited the U.S. Federal Reserve's decision on monetary policy. The S&P/TSX Composite Index fell 15 points, or 0.1%, to 12,217.99. Shares in the technology sector (TORONTO:XX:TORGC194) fell by 1.2%, with shares of Research In Motion Ltd. down 0.8%. The diversified metals and mining sector slipped 0.5% as shares of First Quantum Minerals Ltd. (TSE:CA:FM) fell 0.4%. Statistics Canada reported that the nation's industries operated at 81.0% of their production capacity in the second quarter, up 0.5 percentage point from the previous quarter. Canada's loonie slipped against its U.S. counterpart, with one U.S. dollar (XTUP:USDCAD) buying 97.65 Canadian cents, up from 97.58 Canadian cents late Wednesday.

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