CANADA STOCKS-TSX slips after two sessions of gains
* TSX down 17.88 points, or 0.16 pct, at 11,390.46
* Miners drag on index as base metal prices slide
* Potash Corp up 3.9 percent, helps cushion fall (Adds details, quotes)
By Jennifer kwan
TORONTO, Feb 3 (Reuters) - Toronto's main stock index ended slightly lower on Wednesday as investors grew cautious after two straight sessions of gains and a stronger greenback pressured commodity prices, weighing on miners.
First Quantum Minerals (FM.TO: Quote) topped the list of influential movers on the downside, dropping 8 percent to C$75.05, while Teck Resources (TCKb.TO: Quote) fell 2.2 percent to C$36.86, as the price of base metals pulled back.
Copper prices tumbled to 2-1/2-month lows as gains by the U.S. dollar and concerns over Chinese monetary tightening and European credit problems reflected an uncertain outlook for the global economic recovery. [FRX/] [MET/L] Gold prices were also weaker. [GOL/]
After two days of gains in which the TSX composite added 2.8 percent, it was not surprising to see a pullback, said Rick Meslin, head of Canadian equities at UBS.
"It's really kind of like a bit of a battle with people taking risk off and balanced by people who are looking for opportunities," he said. Continued...