By Pranav Kashyap and Avinash P
Canadian equities fell to their lowest level in more than a month on Friday and were headed for a weekly loss, as investors weighed resilient domestic jobs data against fading momentum in artificial intelligence-linked stocks.
The S&P/TSX Composite Index TSX dropped 0.6%, set for its weakest close since September 25, led by a 3% decline in technology shares TTTTK.
The benchmark is on track for a 2% weekly drop – its steepest since early October – despite a midweek bounce that delivered the biggest single-day gain in three weeks.
October’s jobs report showed a stronger-than-expected rebound in employment and a dip in the unemployment rate, lifting the Canadian dollar 
USDCAD.
While the data signals underlying economic strength, a firmer loonie could pressure export-heavy sectors such as energy and mining, which rely on foreign demand.
Global markets have turned volatile this week, with robust corporate…
