* TSX down 9.37 points, or 0.06 percent, at 15,093.74
* Six of the 10 main index sectors advance
* Gold miners dive 4.2 percent
TORONTO, March 6 (Reuters) - Canada’s main stock index was little changed on Friday as the price of bullion declined after a bullish U.S. jobs report, sending shares of gold miners sharply lower and offsetting a gain in the index’s financial sector.
The U.S. data showed a pickup in the pace of employment growth in February and a drop in the jobless rate to a multiyear low, raising speculation that the Federal Reserve might raise interest rates sooner than expected.
“Given the size of the jobs increase and the decline in the unemployment rate, it definitely cements the view that the Fed is going to embark on its tightening course,” said Andrew Pyle, senior wealth advisor and portfolio manager at ScotiaMcLeod.
“A cause for a market pullback would be economic numbers that are so strong that it might actually advance the timetable for the Fed, and that’s where we are right now,” he added.
The Toronto Stock Exchange’s S&P/TSX composite index was down 9.37 points, or 0.06 percent, at 15,093.74. Six of the 10 main sectors on the index were higher.
The financial sector, which has been hit by worries about a slowing Canadian economy, climbed 0.7 percent after declines in the previous three sessions. Toronto-Dominion Bank added 0.8 percent to C$54.57, and Royal Bank of Canada rose 0.8 percent to C$77.71.
The gold-mining sector shed 4.2 percent, with the price pf safe-haven bullion dropping 1.8 percent. Goldcorp Inc fell 5.6 percent to C$24.43, and Barrick Gold Corp was down 3.7 percent at C$14.67.
$1=$1.26 Canadian Editing by Peter Galloway
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