India, May 22 -- After opening slightly up, the Canadian market slipped into negative territory Thursday morning, but edged up a bit subsequently in cautious trade, with a few stocks from technology and financials sectors posting solid gains.
Amid a jump in U.S. treasury yields due to concerns about the fiscal impact of a tax cut bill, and continuing uncertainty about tariffs, investors a bit reluctant to make significant moves.
The benchmark S&P/TSX Composite Index, which dropped to 25,764.80 earlier in the session, was up 21.05 points or 0.08% at 25,860.22 a few minutes past noon.
In economic news, data from Statistics Canada showed Industrial producer prices in Canada declined by 0.8% over a month in April, after posting six consecuti...