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Canada's Main Stock Index Falls Amid Tech and Industrial Weakness

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The Canadian stock market experienced a mixed day on Thursday, July 30, 2026. The S&P/TSX composite index was down by 50.95 points at 35,282.83. This decline in the main index can be attributed to weakness in technology and industrial stocks.

Meanwhile, U.S. stock markets showed a different trend. The Dow Jones industrial average rose by 126.75 points at 51,720.89. The S&P 500 index also increased, up 63.79 points at 7,379.94. Additionally, the Nasdaq composite was up 512.29 points at 24,955.23.

The Canadian dollar saw a slight increase in value against the US dollar, trading for 71.34 cents compared to 71.01 cents on Wednesday. Crude oil prices also fluctuated, with the September contract down by 21 cents at $84.24 per barrel. However, gold prices rose, with the December contract up $45.10 at $4,142.10 an ounce.

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