After moving modestly higher over the two previous sessions, Canadian stocks have moved back to the downside during trading on Tuesday.
The benchmark S&P/TSX Composite Index has climbed off its worst levels of the day but remains down 37.77 points or 0.2 percent at 20,222.36.
The modest pullback on the day may reflect ongoing concerns about the outlook for U.S. interest rates ahead of the release of some key economic data in the coming days.
However, most of the major sectors are showing only modest moves on the day, as traders seem reluctant to make more significant bets.
In Canadian economic news, a report from Statistics Canada said real gross domestic product was nearly unchanged in the fourth quarter following five consecutive quarterly increases.
Statistics Canada said slower inventory accumulations along with declines in business investment in machinery and equipment and housing offset higher household and government spending and improved net trade.
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