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Canadian Market Exhibiting Weakness As U.S.-China Tensions Weigh

(RTTNews) - After a slightly weak start, the Canadian stock market briefly edged higher before retreating amid cautious moves by investors Friday morning.

Worries about U.S.-China tensions and weak Canadian retail sales data weighed down the market.

Energy, financial and healthcare stocks declined, while shares from information technology and materials sections moved up. Consumer staples and industrial stocks were mostly subdued around previous closing levels.

The benchmark S&P/TSX Composite Index was down 34.29, or 0.23%, at 14,850.56 at noon. The index, which touched a high of 14,929.34 earlier, slipped to a low of 14,834.82.

Aurora Cannabis (ACB.TO), which saw some big gains in recent sessions, declined 6% on profit taking.
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