The Globe and Mail reports in its Friday edition that Canada's main stock index edged lower to extend its monthly decline, as losses for financial and gold mining stocks offset a jump in Shopify. A Reuters dispatch to The Globe says that Nasdaq reached its highest in over four weeks after a U.S. Commerce Department report showed the Personal Consumption Expenditures (PCE) price index, considered the central bank's preferred inflation gauge, climbed 3.3 per cent in July on an annual basis, in line with expectations. Traders' expectations for a pause in rate hikes at the Fed's September policy meeting remained at an 88.5-per-cent chance. In September, the S&P/TSX Composite Index declined 1.6 per cent. The financials sector fell on Thursday, with shares of CIBC ending 3.2 per cent lower after the bank missed profit estimates. In contrast, technology climbed 2.8 per cent, led by a gain of 10.7 per cent for Shopify after the company said Amazon would release an app in Shopify's app "ecosystem" that would give U.S.-based merchants access to Amazon's "Buy with Prime" option. Health care also outperformed in Toronto, rising 2.3 per cent, as the United States moved to ease curbs on marijuana, boosting pot producers.