India, July 18 -- Canadian stocks saw a modest dip on Friday as investors opted for profit taking to realize the gains made over this week when the market reached record-high levels.

After opening above yesterday's close, the benchmark S&P/TSX Composite Index, reached an intraday high of 27,422.06 in less than an hour. After falling into negative territory, the index hovered around before finally settling at 27,314.01, down by 72.92 (or 0.27%).

Statistics Canada reported on Wednesday that the gap between the nation's highest and lowest household income reached a record high in the first quarter of 2025.

Around 75% of the nation's exports are going to the US, and the effects of over-reliance on the US are slowly starting to show up after ...