* Technology stocks fell 0.6% after Broadcom Inc cut its 2019 revenue forecast by $2 billion, blaming the trade conflict and export curbs on Huawei Technologies Co Ltd.
* Meanwhile data from China showed industrial output growth in the world's second-largest economy slowed to a more than 17-year low in May.
* At 9:50 a.m. ET (13:50 GMT), the Toronto Stock Exchange's S&P/TSX composite index was down 27.84 points, or 0.17%, at 16,211.42.
* The Canadian dollar fell to a one-week low against its U.S. counterpart on Friday as U.S. data suggesting a pick-up in consumer spending boosted the greenback.
* The energy sector dropped 0.1%. The price of oil, one of Canada's major exports, was also on track for a weekly loss on fears that trade disputes will dent global oil demand, though attacks on two oil tankers in the Gulf of Oman this week gave prices a floor.
* The materials sector, which includes precious and base metals miners and fertilizer companies, added 0.7% as gold prices hit their highest since April last year. [GOL/]
* On the TSX, 95 issues were higher, while 138 issues declined for a 1.45-to-1 ratio to the downside, with 17.84 million shares traded.
* The largest percentage gainer on the TSX was Norbord, which jumped 6% after BMO upgraded the company's shares to "outperform" from "perform".
* New Gold followed closely behind, gaining 5.7%.
* Cannabis producers Hexo Corp fell 4.5% and Cronos Group Inc dropped 3.5%, pushing the healthcare sector down 1.7%.
* The most heavily traded shares by volume were Stornoway Diamond Corp , Sherritt International Corp and Hexo.
* The TSX posted seven new 52-week highs and no new low.
* Across all Canadian issues there were 30 new 52-week highs and six new lows, with total volume of 32.28 million shares.
(Reporting by Amy Caren Daniel in Bengaluru; Editing by Sriraj Kalluvila)