Toronto stocks closed Tuesday down nearly 1% as investors continued to worry about a possible recession in the aftermath of last week’s attacks in the United States.

The TSE 300 composite index slipped 63 points to 6,845.

Transports, industrials, conglomerates and energy stocks posted declines. Overall, eight of the TSE’s 14 sub-indices suffered losses.

The industrial products sub-index, home to the TSE’s technology stocks fell 2.55% with Celestica dropping $3.40, or 8.5%, at $36.60.

Investors continue to shun companies related to the air travel industry. Bombardier fell $1.64, or 11% at $12.86. It topped the most-active list with a volume of 15 million shares. Aircraft flight simulator manufacturer CAE Inc. dropped 44¢ to C$9.30.

Market momentum was negative. Declines outpaced advances 541 to 476, with 218 issues closing unchanged. Volume was 170 million shares.

Manulife led a rebound in the insurance stocks. It gained $3.02 to $39.20. CIBC posted a small gain, with TD Bank and Bank of Montreal suffered losses.

Trading was active on the Canadian Venture Exchange. Volume was 27.8 million shares, with 153 advances, 177 declines and 586 issues unchanged. The CDNX index closed down 5.85 at 2.837.27

In New York, U.S. stocks surrendered earlier gains as investors continued to fret whether prices yet reflect the impact of the terrorist attacks on economic growth and earnings. The Dow Jones industrial average slipped 17 points to 8,903. The Nasdaq composite index fell 24 points to 1,555. The S&P 500 dipped six points to 1,033.