The Globe and Mail reports in its Tuesday edition that Canadian stocks snapped a three-day winning streak on Monday, weighed by materials and energy shares as commodity prices slipped over concerns of a weak China economic recovery and debt-laden property market. A Reuters dispatch to The Globe says the S&P/TSX Composite Index lost 117.03 points at 20,290.54. Worries over China's demand outlook worsened after Country Garden, the country's largest private property developer, sought to delay a payment on a private onshore bond for the first time after suspending trading in 11 onshore bonds. The move was a fresh blow to policy-makers' efforts to revive investor confidence in the world's second-largest economy and largest oil and metals consumer. Market participants keenly awaited Canada's inflation data, due later this week, to assess the Bank of Canada's monetary policy. In the United States, the S&P 500 and Nasdaq closed higher Monday as shares of chipmaker Nvidia jumped following a bullish note from Morgan Stanley, leading other megacap growth stocks higher as investors awaited earning reports from retailers. Nvidia's gain pushed the information technology index higher. The Dow rose 30.38 points to 35,311.78.