India, Jan. 31 -- The Canadian market is up in positive territory a little past noon on Friday with the benchmark S&P/TSX Composite Index hovering near record high, thanks largely to strong buying in the technology sector after encouraging earnings updates from big name U.S. companies such as Apple Inc. and Meta Platforms.

Investors are also digesting a batch of Canadian economic data. The upside is limited as the mood is cautious with markets looking for clarity on whether the Trump administration would follow through with its tariff threats on Canada.

The benchmark S&P/TSX Composite Index is down 23.30 points or 0.09% at 25,784.95 nearly half an hour past noon.

Data from Statistics Canada showed Canadian real gross domestic product dec...