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TSX ends down 242.52 points, or 1.25%, at 19,200.76

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All ten sectors end lower

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Materials and industrials both lose 1.9%

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Dye & Durham jumps 17.2%

TORONTO, Dec 19 (Reuters) - Canada's main stock index fell on Monday to its lowest closing level in nearly eight weeks, including declines for cyclical sectors, such as materials and industrials, in a broad-based selloff as investors worried about the economic outlook.

The Toronto Stock Exchange's S&P/TSX composite index ended down 242.52 points, or 1.25%, at 19,200.76, posting its fourth straight day of declines and its lowest closing level since Oct. 25.

Wall Street equities were also in the red as investors worried that the Federal Reserve's monetary policy tightening campaign could push the U.S. economy into a recession.

"The current focus of investors has shifted from concerns about inflation and rising interest rates to an impending economic slowdown and a potential recession in the coming year", said Brandon Michael, a senior analyst at ABC Funds.

All 10 of the TSX's major sectors ended lower, including declines of 1.9% for both the materials and industrials sectors. The earnings of cyclical companies tend to be particularly dependent on the strength of the economy.

The utilities group was also down sharply, falling 2.2%, and heavily weighted financials ended 0.9% lower.

Dye & Durham Limited was a bright spot. The software maker's shares climbed 17.2% after the company said it is significantly expanding its legal practice management capabilities with the addition of litigation workflow software. (Reporting by Fergal Smith; Additional reporting by Shashwat Chauhan in Bengaluru; editing by Jonathan Oatis)