India, June 6 -- Canadian stocks are up in positive territory in late morning trade on Friday, amid slightly easing concerns about tariffs following somewhat encouraging phone calls between the U.S. President Donald Trump and Chinese Premier Xi raising hopes of a de-escalation in Sino-US tensions.
Investors are also digesting the nation's jobs data, as well the non-farm payrolls data from the U.S.
The benchmark S&P/TSX Composite Index, which climbed to a record high of 26,519.61 earlier in the session, was up 67.02 points or 0.25% at 26,409.31 about half an hour before noon.
Energy and technology stocks are among the major gainers. The Energy Capped Index is up 1.6%, while the Information Technology Capped Index is up 1.55%. Materials, c...