The S&P/TSX Composite Index edged lower to trade below 36,000 on Monday following the release of CPI data. Canada’s annual inflation was unchanged at 3.0% in August, in line with market expectations. Price growth remained dominated by energy goods as the war in the Middle East disrupted a key source of global oil supply, while core inflation measures tracked by the Bank of Canada remained close to the central bank’s target. US-listed major banks moved lower in pre-market trading amid a rebound in oil prices and expectations of a Fed rate hike on Wednesday. Financials traded mostly lower, with major banks below the flatline. Gold prices fell, pressuring mining shares, with Agnico Eagle and Barrick down about 3% and WPM shedding 3.5%. Celestica tumbled nearly 7% as traders took profits following a sharp rally sparked by a major leadership shakeup that elevated longtime CFO Mandeep Chawla to Group President, Global Markets, reinforcing confidence in the company’s multi-year growth plan.