(Updates with morning prices)

By Ragini Mathur

Oct 8 (Reuters) - Canada's main stock index rebounded

from the previous day's decline on Wednesday, led by gains in

technology shares, along with metal mining sector, which got a

boost from gold prices surpassing $4,000 an ounce.

Toronto's S&P/TSX composite index was up 0.3% at

30,429.96 points.

The information and technology sector emerged as

the standout performer, surging 1.6%, with cryptocurrency miner

Bitfarms ( BITF ) leading the charge, gaining 5%.

Meanwhile, gold miners captured significant attention

pushing the materials sector by 1.4%. The precious

metal's safe-haven appeal drove it to record highs amid growing

global economic uncertainty and anticipated U.S. interest rate

cuts.

"Gold is capturing headlines largely on the back of

continued concerns over U.S. government shutdowns and fiscal

stability," explained Ian Chong, portfolio manager at First

Avenue Investment Counsel. "We could see potentially more upside

as long as that shutdown continues."

With the U.S. government shutdown delaying critical economic

reports, market participants are expected to scrutinize Federal

Reserve officials' comments closely for directional cues.

On the downside, 0.8% declines in energy stocks

limited the gains for the main index.

Cenovus Energy ( CVE ) fell over 1% after raising its bid

for MEG Energy ( MEGEF ) on Wednesday to C$8.6 billion ($6.17

billion), including debt. Shares of MEG Energy ( MEGEF ) gained 4.7%.

Canada's benchmark index has been hovering near all-time

highs, reaching several record peaks in recent sessions. The

gains have been fueled by the gold rally and a surge in tech

stocks amid growing optimism about artificial intelligence.

On the day, Lithium Americas ( LAC ) saw its shares climb

5.5% following news that the U.S. Department of Energy had

agreed to defer a $184 million debt service obligation.

Looking forward, this week's Canadian employment report will

be monitored for important insights into the country's economic

health and for cues on the Bank of Canada's interest rate

trajectory.

($1 = 1.3942 Canadian dollars)