India, July 23 -- Canada's benchmark stock index declined on Thursday as technology shares came under pressure, with investors weighing concerns over rising artificial intelligence (AI) spending and its impact on future corporate returns.

The S&P/TSX Composite Index fell more than 0.6% to around 35,264.55, with technology and real estate stocks among the major sectors contributing to the decline, according to Reuters. The move reflected broader caution across equity markets as investors assessed corporate earnings developments and the outlook for AI-related investments.

Why is TSX Down Today? AI Spending Concerns Hit Market Sentiment

The key reason behind the TSX decline today was renewed investor caution around large-scale artificial ...