India, May 9 -- The Canadian market is modestly higher around noon on Friday, riding on gains in communications, energy and materials sectors. Technology stocks are weak, while shares from the rest of the sectors are turning in a mixed performance.
Optimism about the U.S. and China agreeing on a trade deal this weekend, close on the heels of U.S. President Donald Trump unveiling the framework of a trade agreement with the U.K., marking the first deal since he announced new tariffs on U.S. trade partners in early April.
Firm crude oil and gold prices contribute to investors' interest in energy and materials stocks. Data showing an additon in jobs in the month of April is also aiding sentiment.
Data released by Statistics Canada showed the...