TSX set to open higher

Mon Aug 3, 2015 7:35am EDT
 
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August 3 (Reuters) - Stock futures pointed to a higher opening for Canada's main stock index on Monday, with September futures on the S&P TSX index SXFc1 up 0.75 percent at 7:15 a.m. ET.

No major economic events are scheduled for the day ECONCA.

Canada's main stock index notched its fourth straight day of gains on Friday, led by the financials and materials sectors after a bleak couple of months.Dow Jones Industrial Average e-mini futures 1YMc1 were up 0.06 percent at 7:15 a.m. ET, while S&P 500 e-mini futures ESc1 were up 0.1 percent and Nasdaq 100 e-mini futures NQc1 were up 0.2 percent. [.N]

TOP STORIES [TOP/CAN]

Prime Minister Stephen Harper on Sunday called a parliamentary election for Oct. 19, kicking off a marathon 11-week campaign likely to focus on a stubbornly sluggish economy and his decade in power.

First Quantum Minerals (FM.TO: Quote) will lay off about 1,480 workers at one of its Zambian copper projects after a reduction in its power supply curbed production, the company's local subsidiary said on Sunday.TransCanada Corp (TRP.TO: Quote) (TRP.N: Quote) says it is still committed to building the Keystone XL pipeline despite stubborn opposition in the United States that has thrown the C$8 billion ($6.2 billion) project into regulatory limbo.

COMMODITIES AT 7:15 a.m. ET [COM/WRAP]   Continued...

 
A sign board displaying Toronto Stock Exchange (TSX) stock information is seen in Toronto June 23, 2014.  REUTERS/Mark Blinch