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Bar chart showing top TSX movers on July 7, with energy and oil-linked stocks up while two mining stocks fell sharply.

The split traces back to Wednesday's oil sanctions news, which lifted oil-linked names on the strength of WTI's jump to $74.35 while a firmer US dollar weighed on mining names in the same session. The VIX also rose more than thirteen percent to 18.33, still well below levels that would signal broad de-risking. The divergence illustrates why a portfolio's resource sector exposure needs a sub-sector view this week rather than a sector-level one, since the same headline helped one holding and hurt another inside the same broad allocation.

This chart is presented for general informational purposes only and does not constitute financial, investment, tax, or legal advice. Figures reflect the source and period indicated and may no longer be current.

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