Sept 20 Reuters Canada39;s main stock index slipped on Friday, hurt by declines in energy and industrials shares, as investors paused a day after an oversized interestrate cut in the United States fueled broader gains in global markets.

The Toronto Stock Exchange39;s SPTSX composite index was down 83.53 points, or 0.35, at 23,782.74, but was set to register its second consecutive weekly gains.

The TSX also took cues from Wall Street, where major indexes fell after a jump in the previous session following the U.S. interest rate cut.

Today I think the market is just taking a bit of a breather, said Allan Small, senior investment advisor at Allan Small Financial Group with iA Private Wealth.

I haven39;t really seen anything that would warrant caution.

The TSX is up 13.6 for the year, buoyed by the Bank of Canada cutting its interest rates thrice, as well as optimism over Fed39;s policy easing.

Canada39;s inflation has reached its central bank39;s target of 2, and, like their U.S. counterpart, is now focused on boosting the country39;s slowing economy.

Investors also assessed data on Canada39;s retail sales, which rose 0.9 in July from June to C66.38 billion 48.95 billion, led by higher sales at motor vehicle and parts dealers.

At least nine sectors nursed losses on Friday, led by Canada39;s energy sector that fell over 1.6 as it tracked declines in oil prices.

Industrials and healthcare sectors also declined significantly.

The materials sector rose 0.1, supported…