India, April 6 -- Canadian stocks are turning in a mixed performance Monday morning with investors largely making cautious moves amid uncertainty about any meaningful progress in the reported efforts to discuss the terms of a potential 45-day ceasefire that could lead to a permanent end to the war in the Middle East.

Reuters reported that the U.S. and Iran are weighing the framework of a plan to end the five-week-old conflict but noted Tehran has pushed back against pressure to swiftly reopen the Strait of Hormuz.

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