Canadian Market Modestly Higher Despite Hot Inflation Data

The Canadian market stayed modestly above the flat line by mid-afternoon after nearly slipping into negative territory earlier in the session. Strength in energy, materials, utilities and industrials supported the rebound, but the article does not cite any major catalyst or price-moving event.

Analysis

The Canadian market stayed modestly above the flat line by mid-afternoon after nearly slipping into negative territory earlier in the session. Strength in energy, materials, utilities and industrials supported the rebound, but the article does not cite any major catalyst or price-moving event.