India, Feb. 25 -- The Canadian market is up in positive territory in late afternoon trade on Tuesday, having staged a smart recovery from an early setback. Technology, energy and materials stocks are weak, while real estate, consumer staples and healthcare stocks are finding good support.

Investors are digesting earnings updates from big name lenders. Worries about U.S. tariffs from early March weigh on sentiment.

The benchmark S&P/TSX Composite Index, which tumbled to 24,946.06, is up 51.50 points or 0.2% at 25,202.76.

Bank of Montreal is gaining more than 5% after the lender reported adjusted net income of C$2.29 billion or C$3.04 per share for the three months ended January 31, 2025, compared with C$1.89 billion, or C$2.56 per share, ...