India, June 2 -- The Canadian market is up in positive territory a little past noon on Monday, lifted by gains in energy, materials and communications sectors, even as the mood remains cautious amid concerns about Sino-US trade tensions, and the Trump administration's announcement that it would increase the tariffs on imports of steel and aluminum to 50% from 25%.
Investors are looking ahead to Bank of Canada's interest rate decision on Wednesday, and the crucial jobs data from the U.S. and Canada later in the week.
The benchmark S&P/TSX Composite Index, was up 123.05 points or 0.47% at 26,298.10 a few minutes past noon.
The Materials Capped Index is up nearly 4.2% as several stocks in the sector are up sharply on firm metal prices. Fort...