TORONTO, Jan 19 (Reuters) - Toronto stocks closed slightly lower on Wednesday as cautious investors took some profits from the market's recent rally and bided their time until quarterly earnings offered a motive for buying.

Adrian Mastracci, investment counsel at Vancouver’s ‘fee-only’ KCM Wealth Management, says, "There seems to be no real enthusiasm from a number of corners out there.”

The Toronto Stock Exchange S&P/TSX composite index fell 14.42 points, or 0.16 percent, to 9,120.35 and snapped its three-session winning streak.

"There seems to be no real enthusiasm from a number of corners out there," said Adrian Mastracci, investment counsel and president at KCM Wealth Management Inc.

"Even on good news the investors just don't seem to be buying it, and people out there are probably still somewhat skeptical. So it's a wait-and-see attitude."

The information technology index dropped 2 percent to lead all losing sectors, while the energy group slipped 0.76 percent. Five of the 10 main TSX subindexes ended lower.

The technology group handed back all its gains from the previous session and closed at its lowest level since mid-October as investors were hungry for profits.

Nortel Networks Corp. (NT.TO) shed 19 Canadian cents, or 4.8 percent, to C$3.79, while Research In Motion (RIM.TO) fell C$1.35. 1.44 percent, to C$92.36.

Energy stocks were ripe for a decline after seven straight winning sessions and ahead of an expected build in U.S. crude and product inventories.

EnCana Corp. (ECA.TO) shares fell 99 Canadian cents, or 1.4 percent, to C$70.20, while Suncor Energy (SU.TO) eased 54 Canadian cents, or 1.3 percent, to C$41.41.

Market momentum was positive as 749 issues advanced and 624 declined on a heavy volume of 289 million shares valued at C$3.9 billion.

The blue-chip S&P/TSX 60 index index eased 1.63 points, or 0.32 percent, to 502.35.

U.S. markets also closed lower as a dose of uninspiring quarterly earnings failed to impress investors.

The Dow Jones industrial average fell 88.82 points, or 0.84 percent, to 10,539.97, while the Nasdaq composite index retreated 32.45 points, or 1.54 percent, to 2,073.59.

($1=$1.23 Canadian)

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