India, May 11 -- The Canadian market is up marginally around mid-afternoon on Monday thanks to strong gains in energy and materials stocks, which are riding on firm commodity prices. Technology, consumer staples, industrials and consumer discretionary stocks are mostly down, limiting market's upside.

After U.S. President Donald Trump rejected Iran's latest proposal to end the conflict, Iran said it would continue using both "the weapon of diplomacy" and military resistance whenever it considers necessary to protect national interests.

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