North American markets finished in the red Thursday, dragged down by concerns over oil prices, terrorism and weak U.S. industrial production.

In Toronto, the S&P/TSX fell 60.97, or 0.72% to 8,397.31. The TSX Venture Exchange lost 4.40, or 0.29%, to1,555.85. Among the TSX’s 13 sub-sectors, only diversified mining and metals and real estate finished in the black. Financials slid 0.87%.

In New York, Stocks also sagged. The Dow Jones industrial average dropped 45.64 points, or 0.45%, to 10,163.16. The S&P 500 Index dropped 4.78 points, or 0.43%, to 1,106.69. The Nasdaq Composite Index slipped 2.17 points, or 0.11%, to 1,912.71, hitting a fresh seven-week low.

The Canadian dollar also slipped 0.17 to US75.47¢.

The price of light, sweet crude oil for September delivery was down 32¢ from Wednesday’s six-week high to US$40.83 a barrel. And Iraq’s oil industry suffered another setback when saboteurs blasted a crude oil pipeline that feeds into a main export artery in northern Iraq.

Investors liked the latest Philadelphia Fed index result. It jumped in June 36.1 from 28.9, the strongest reading since January. However, the U.S. Federal Reserve said industrial production fell 0.3% in June following a 0.9% drop in May.

Meanwhile, investors are awaiting news on June consumer prices, due out Friday.