India, July 28 -- The Canadian market slipped after opening flat Monday morning, and despite staging a recovery subsequently, remains in negative territory, weighed down by losses in materials sector due to weak metal prices.
Energy stocks are notably higher, riding on firm oil prices. Technology stocks finding some support, while communications and utilities stocks are a bit weak.
Despite the U.S.-European Union agreeing on a trade deal over the weekend, the mood in the market remains cautious with investors awaiting some crucial economic data, and the Bank of Canada's interest rate decision later in the week.
The Canadian central bank, which is scheduled to announce its monetary policy on Wednesday, is widely expected to hold its polic...