The Canadian market remains in negative territory on Tuesday as concerns about AI stock valuations and Federal Reserve interest rate uncertainty weigh on investor sentiment. The S&P/TSX Composite Index is down 0.49% at 29,928.96. Technology, communications, and industrials shares are weak, while healthcare and energy stocks are finding support. Telus Corp and Docebo Inc are down, while energy stocks like Whitecap Resources and Peyto Exploration are gaining. In economic news, Canadian housing starts dropped 17% in October to 232,765 units, the lowest rate in seven months. Investors await earnings from Nvidia and U.S. economic data for direction.

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