India, Oct. 22 -- After moving higher in early trades thanks to gains in telecom and energy sections, the Canadian stock market slipped into negative territory Thursday morning.
Materials and information technology stocks are dragging the market down after telecom stocks lifted it up on the back of fairly strong results from Rogers Communications.
The mood remains cautious amid uncertainty about U.S. fiscal stimulus and the continued surge in coronavirus cases across the globe.
The benchmark S&P/TSX Composite Index, which fell to 16,148.64 after advancing to 16,293.80 in early trades, was down 19.51 points or 0.11% at 16,210.72 a little while ago.
Rogers Communications (RCI.B.TO) soared over 10%. Rogers reported a decrease in net income...