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TSX Dips While U.S. Markets Show Mixed Results

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CAD
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Canada’s main stock index, the S&P/TSX composite, ended Friday in the red but managed to avoid the steep declines seen in AI-related stocks. The index fell 31.29 points, closing at 36,105.90.

Across the border, U.S. markets showed mixed results. The Dow Jones industrial average gained 50.46 points to reach 52,347.55, while the S&P 500 and Nasdaq composite both dropped, losing 30.73 points and 229.82 points respectively, closing at 7,561.67 and 25,136.27.

The Canadian dollar remained relatively stable, trading at 70.14 cents US, slightly down from 70.15 cents US the previous day.

Commodities also saw modest shifts. The December crude oil contract dipped 18 cents US to US$88.56 per barrel, while the December gold contract rose US$1.00 to US$3,886.30 an ounce.

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