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Canadian Shares Mixed As Traders Look For Direction

(RTTNews) - Canadian shares were turning in a mixed performance Tuesday morning with investors largely making cautious moves, looking for further developments on the trade front.

Investors were looking ahead to U.S. President Donald Trump's speech at the Economic Clubs of New York this afternoon.

Cannabis shares, which suffered sharp losses in the previous session, were finding modest support Tuesday morning and some of these stocks posted strong gains on bargain hunting.

Some stocks from energy and financial sectors were also edging up a bit. Materials shares were weak.

The benchmark S&P/TSX Composite Index was up 11.60 points, or 0.07%, at 16,894.36 around noon, after advancing to a high of 16,927.46 earlier in the session.
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