Nov 21 (Reuters) - Futures for Canada's main stock index

edged lower on Friday, joining a global selloff as investors

offloaded risk assets while the U.S. jobs report offered little

clarity on interest rate decisions.

Futures on the S&P/TSX Composite Index were down 0.2% as of

05:25 a.m. ET, joining the S&P and Nasdaq futures , which were

also lower.

On Thursday, the underlying benchmark reversed early gains

to end at a two-week low, joining a selloff at Wall Street

despite Nvidia's blockbuster earnings while investors continued

to fret about increased technology valuations and AI spending.

The index was on course for its weakest weekly performance

since early October.

Canada's retail sales report, due later in the day, is

expected to show a 0.7% drop for September, a sign of cooling

consumer demand as recent data showed inflation eased to 2.2% in

October, offering fresh clues on the health of household

spending.

Mixed U.S. jobs data,

featuring stronger-than-expected September

hiring alongside rising unemployment and downward

revisions, has

clouded the outlook

for the Federal Reserve's next policy decision as officials

grow increasingly hawkish.

Markets, especially Wall Street has had a stellar run this

year mainly backed by the AI and tech rally and the optimism on

easing of borrowing rates. Canadian equities have also moved in

tandem with the U.S markets this year often shrugging off

economic and financial decisions happened domestically.

Weighing sentiment this morning, gold prices fell nearly 1%

as hopes of a U.S rate diminished.

Oil prices fell more than 1% extending declines as a peace

deal for Russia-Ukraine war was touted that could boost global

supply.

In corporate news, Dye & Durham ( DYNDF ) has been offered

$272 million by Plantro to be taken private, Bloomberg News

reported.

GFL Environmental ( GFL ) announced secondary offering by

selling shareholders.