India, Oct. 23 -- The Canadian stock market's benchmark S&P/TSX Composite Index remains firmly down in negative territory Friday afternoon despite regaining a significant portion of the ground it lost in early trades.
Concerns about inflation and prospects of interest rate hikes amid elevated oil prices following the latest Houthi attacks on Saudi targets weigh on sentiment. Doubts about expenditure on AI-related investments yielding sufficient returns appear to be contributing as well to the cautious mood in the market.
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