Canada's main stock index fell as a drop in oil prices offset cooler-than-expected inflation data, leading to expectations of an interest rate cut. The Toronto Stock Exchange's S&P/TSX composite index ended down 0.1% at 24,439.08. The energy sector tumbled 4.8% as oil prices settled 4.4% lower. However, the utilities sector climbed 1.9%. Canada's annual inflation rate slowed to 1.6% in September, prompting investors to price in a 74% chance of a rate cut by the Bank of Canada next week.