The Canadian market is up in positive territory, with strong gains in consumer staples, materials, and technology sectors. Energy and healthcare stocks are weak, while the mood remains cautious ahead of key economic data releases later in the week. The benchmark S&P/TSX Composite Index hit a new record high and is up 0.31%. Alimentation Couche-Tard is up nearly 7%, while materials shares are gaining on firm metal prices. In the technology sector, Celestica Inc is up over 5%. Energy stocks are weak due to dropping oil prices. Great-West Lifeco has doubled its share buyback limit, and Canadian business productivity rose 0.2% in the first quarter of 2025.

Read more at Nasdaq, Inc.: Consumer Staples, Materials Stocks Rise As TSX Hits New Record High