The S&P/TSX Composite reversed early gains that had driven it to record highs and fell 0.3% to below the 31,700 mark on Friday afternoon as concerns over tech valuations resurfaced after Broadcom plunged when its AI chip sales outlook disappointed despite beating Q4 results. Celestica slumped more than 10% to lead the index lower. Meanwhile, support from mining equities faded with Agnico Eagle losing around 1% as gold trimmed gains while silver tumbled on profit taking. In contrast cannabis stocks soared after media reports that US President Donald Trump will ease federal restrictions on the recreational drug to reclassify cannabis as a Schedule III substance sending Tilray Brands up more than 40% while Canopy Growth surged about 50%. The week was shaped by central bank decisions with the BoC holding rates steady and the US Fed cutting by 25 basis points a move that lifted risk appetite and left the index about 0.8% higher for the week.