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TSX dips amid mixed economic signals

Canada's main stock index ended modestly lower on Wednesday, as signs of a worsening economic slowdown in China and Europe weighed on commodity prices and resource shares, offsetting better-than-expected U.S. data.U.S. crude oil futures dropped more than 4 percent to under $88 a barrel, dragging energy shares down 1.1 percent.Canadian Natural Resources was the most influential decliner, down 2.9 percent to C$30.28. Suncor Energy lost 0.6 percent to C$32.74 and Cenovus Energy fell 2 percent to C$34.53."I am actually pleasantly surprised to see how well the TSX is holding up," said Elvis Picardo, strategist and vice-president of research at Global Securities in Vancouver, noting energy shares were outperforming oil prices on Wednesday."There is a growing perception that there is a value in the sector. The multiples look attractive and I think it's positive that investors are trying to look beyond the day-to-day volatility in energy prices and they're focusing more on the sector fundament...

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