CANADA STOCKS-TSX futures point to higher open
June 25 (Reuters) - Canadian stocks looked set to open higher on Wednesday, with June futures on the S&P TSX index <0#SXF:> up 0.08 percent at 0715 ET.
The index fell sharply from near-record levels on Tuesday as investors nervous about the pace of the market's recent rise pared positions, particularly in resources stocks.
No major Canadian economic data is due for release on Wednesday.
Dow Jones Industrial Average e-mini futures were down 0.01 percent at 0715 ET, while S&P 500 e-mini futures were up 0.05 percent and Nasdaq 100 e-mini futures were down 0.04 percent.
First Quantum has delayed investment projects worth more than $1 billion in Zambia due to uncertainty over the fiscal regime in Africa's second biggest copper producer, a director said on Tuesday.
The board of Timmins Gold Corp is standing behind the company's management but plans to shake up its own ranks in the midst of a proxy fight with top shareholder Sentry Investments. Continued...