Nov 7 (Reuters) - Futures tied to Canada's main stock

index were little changed early on Friday, as investors awaited

domestic economic data and weighed the durability of the rally

led by artificial intelligence stocks.

Futures on the S&P/TSX Composite Index was

unchanged as of 5:51 a.m. ET, with gains in oil, copper and gold

prices helping to offset broader caution.

The underlying benchmark fell 0.8% on Thursday to 29,868.59,

dragged by a 3.9% slump in technology shares.

The index is on track for a 1.2% weekly drop - its steepest

since early October - if losses hold. That comes despite a brief

reprieve on Wednesday, when the TSX notched its biggest

single-day gain in three weeks.

Global markets have turned choppy this week, as upbeat

corporate earnings failed to stem a retreat in AI-linked stocks.

The reaction to recent results suggests investors are beginning

to question lofty valuations and the sector's long-term

profitability, reviving concerns about a potential bubble.

Meanwhile, Canadian Prime Minister Mark Carney's debut

budget proposal earlier this week failed to ignite investor

enthusiasm. While pitched as a "generational investment" plan to

fortify the economy and brace for trade tensions with the U.S.,

some analysts called Tuesday's document a missed opportunity.

Investors now look ahead to employment data due at 8:30 a.m

ET.

Gold rose again by 0.8%, as the dollar slipped on

expectations of further interest rate cuts from the Federal

Reserve and lingering concerns over the U.S. economic outlook,

while crude oil prices were up 1%.

In corporate news, Canadian National Railway ( CNI )

announced a $700 million debt offering and Wheaton Precious

Metals ( WPM ) said its third quarter revenue jumped, lifted by

higher prices of gold.