The S&P/TSX Composite Index fell 0.5% to close at 34,736, pressured by weakness in commodity-linked sectors. Gold prices declined as the dollar strengthened on rising bets for further US rate hikes, weighing on mining shares. Agnico Eagle lost 4.1%, Barrick shed 4.3%, and WPM retreated 2.9%. Oil prices also extended this week’s losses on signs that more tankers are set to leave the Strait of Hormuz, pressuring energy stocks. Canadian Natural dropped 3.7%, Suncor fell 3.4%, and Cenovus lost 4.1%. In contrast, Canadian technology stocks rebounded from the previous session’s global selloff, with Shopify rising 6.1%, Constellation Software up 2.8%, and Celestica gaining 3.3% ahead of Micron’s earnings report. Micron reported third-quarter results above expectations after the bell.