Canada’s main stock index opened lower on Tuesday after a fall in commodity prices weighed on energy and materials stocks as demand concerns from China mounted while investors get ready to tackle higher-for-longer interest rates.

TSX opens lower as metal prices drag

At 9:35 a.m. ET (13:35 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was down 61.06 points, or 0.31%, at 19,739.55.