* TSX ends down 0.2% at 21,085.09
* Materials sector falls 1.9% as gold falls
* Energy loses 2.2%; oil settles 2.1% lower
* Tech rallies 2.6%; Shopify jumps 8.9%
Feb 2 (Reuters) - Canada's commodity-linked main stock index fell on Friday as stronger-than-expected U.S. employment data reduced expectations for Federal Reserve interest rate cuts, boosting the U.S. dollar against a basket of major currencies.
The Toronto Stock Exchange's S&P/TSX composite index ended down 34.12 points, or 0.2%, at 21,085.09. For the week, the index also lost 0.2%.
"The TSX is getting held back by commodity markets," said Colin Cieszynski, chief market strategist at SIA Wealth Management. "Energy and mining are getting hammered."
The move lower in commodities was driven by gains for the U.S. dollar, Cieszynski said.
Gold fell 0.9% and oil settled 2.1% lower at $72.28 a barrel.
The U.S. dollar index jumped to a seven-week high after U.S. data showed that employers added far more jobs in January than expected, reducing the chances of near-term Federal Reserve interest rate cuts.
"Investors were looking forward to this (jobs) number to help save expectations for the path of rates," said Angelo Kourkafas, investment strategist at Edward Jones Investments.
The materials sector, which includes precious and base metals miners and fertilizer companies, fell 1.9% and energy was down 2.2%.
Together, energy and materials account for about 30% of the weighting on the Toronto market.
The utilities and communication services indexes, which include high dividend-paying stocks that could particularly benefit from rate cuts, fell 0.6% and 1.2% respectively.
Technology was a bright spot, rallying 2.6%, as investors cheered the earnings of some high-growth U.S. companies.
Shares of e-commerce company Shopify added 8.9%. (Reporting by Fergal Smith in Toronto and Purvi Agarwal in Bengaluru; Editing by Ravi Prakash Kumar and Lisa Shumaker)
