CANADA STOCKS-TSX slips on tech and commodity weakness, US rate-hike worries

(Updates prices and details throughout)

* TSX down 0.3%, materials index leads losses

* Tech selloff spills into Canadian market

* Risks seen from global imbalances, says BoC's Macklem

By Tharuniyaa Lakshmi

June 23 (Reuters) - Canada's main stock index fell on Tuesday, pressured by falling miners' shares and a tech-led selloff on Wall Street amid increased expectations of U.S. Federal Reserve rate hikes.

At 10:03 a.m. ET, the Toronto Stock Exchange's S&P/TSX Composite Index was down 0.3% at 34,871.39 points.

* The materials index, which houses metal miners, was the worst performer, slipping 2.9% as a stronger dollar and rate-hike worries pressured gold prices.

* Six of the 10 TSX sectors were in the red, with the technology index losing 0.9% amid a tech-led selloff on Wall Street driven by doubts over hyperscalers' heavy AI spending, elevated valuations and high borrowing costs.

* The energy index also declined, falling 0.7% as oil prices retreated, with investors watching crude flows through the Strait of Hormuz following progress in U.S.-Iran peace talks.

* "You've got a broader tech selloff filtering into Canada, plus a selloff in commodity prices. And the TSX is largely commodities-driven, (so) we're getting hit from both ends of the spectrum. It's more of a double whammy," said Michael Dehal, senior portfolio manager at Dehal Investment Partners at Raymond James.

* U.S. President Donald Trump said on Tuesday Iran had agreed to nuclear inspections into "infinity," despite Tehran's denials, and that unfrozen Iranian assets would be used to buy humanitarian supplies from the United States.

* Meanwhile, Bank of Canada Governor Tiff Macklem said global imbalances of financial flows, led by China's export surplus and the reliance of the United States on foreign capital, may be fuelling financial stability risks. (Reporting by Tharuniyaa Lakshmi in Bengaluru; Editing by Jonathan Ananda)