India, April 30 -- Despite staging a fairly strong recovery after an early setback, the Canadian market remains firmly down in negative territory a little past noon on Wednesday, with stocks from energy, technology and healthcare sectors reeling under selling pressure.
Disappointing Canadian and U.S. GDP data, and Trump administration's policy uncertainty are weighing on sentiment.
The benchmark S&P/TSX Composite Index was down 242.40 or 0.97% at 24,632.08 about a quarter past noon. The index had tumbled to 24,503.55 in early trades.
The Canadian GDP increased by 0.1% from the previous month in March, according to preliminary estimates. Final data showed Canadian GDP contracted by 0.2% in February from a month earlier, offsetting January...