CANADA STOCKS-TSX ends weekly winning streak as energy falls

By Purvi Agarwal and Fergal Smith

TORONTO, April 24 (Reuters) - Canada's main stock index inched lower on Friday as investors weighed prospects for a resumption of U.S.-Iran peace negotiations, with declines for energy offsetting gains for financial and technology shares.

The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE ended down 8.82 points, or 0.03%, at 33,904.11. For the week, the index was down 1.3%, after four straight weekly gains.

Iran's foreign minister, Abbas Araqchi, was expected in the Pakistani capital Islamabad on Friday to discuss proposals for restarting peace talks with the United States, but Pakistani sources said he was not due to meet U.S. negotiators there.

"US-Iran peace talks may resume soon, which could remain an important macro catalyst for energy, commodities, and broader risk sentiment," Colin Cieszynski, chief market strategist at SIA Wealth Management, said in a note.

The recent jump in oil prices due to the closure of the Strait of Hormuz has boosted inflation pressures globally.

Still, economists in a Reuters poll expect the Bank of Canada to leave its benchmark interest rate on hold next Wednesday and through the rest of the year.

Domestic data showed that retail sales rose 0.7% in February from January, slightly below estimates of a 0.9% gain.

The energy sector .SPTTEN fell 1.4% as the price of oil CLc1 settled 1.5% lower at $94.40 a barrel.

Canada has approved a C$4 billion ($2.93 billion) expansion of Enbridge's ENB.TO Westcoast natural gas pipeline system in British Columbia, the first major pipeline project to get the go-ahead under Prime Minister Mark Carney.

Shares of Enbridge were up 1.3%.

Technology rose 0.3%, while utilities ended 0.4% higher as bond yields eased. The Canadian 10-year yield CA10YT=RR was down 2.2 basis points at 3.463%.

Healthcare stocks .GSPTTHC rose 3.9%, with shares of Curaleaf Holdings Inc CURA.TO up 13%.