July 20 (Reuters) - Stock futures pointed to a higher start for Canada's main stock index on Wednesday, taking cues from the U.S. market amid strong quarterly results from companies including Microsoft Corp MSFT.O .
September futures on the S&P TSX index SXFc1 up 0.34 percent at 7:15 a.m. ET.
The Toronto Stock Exchange's S&P/TSX composite index dipped slightly on Tuesday as oil prices fell and resource stocks retreated, offsetting gains due to consumer and technology stocks. major Canadian or U.S. data release is scheduled for the day. ECONCA
Dow Jones Industrial Average e-mini futures 1YMc1 were up 0.35 percent at 7:15 a.m. ET, while S&P 500 e-mini futures ESc1 were up 0.31 percent and Nasdaq 100 e-mini futures NQc1 were up 0.33 percent. .N
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TOP STORIES TOP/CAN
Canada's Brookfield Asset Management Inc BAMa.TO plans to invest about $1 billion in Indian distressed assets through a joint venture with the largest lender in the South Asian nation where banks are battling a record $120 billion of sour debt. Mining Corp LUN.TO has been granted an extension until Sept. 15 to make a bid for Freeport-McMoRan Inc's FCX.N stake in the Tenke Fungurume mine in the Democratic Republic of Congo, Lundin said on Tuesday. The previous deadline was Aug. 8. radio service provider Sirius XM Canada Holdings Inc XSR.TO said it "strongly disagrees" with a complaint filed by some shareholders in connection with the company's plan to go private. AT 7:15 a.m. ET COM/WRAP
Gold futures GCc1 : $1,323.60; -0.59 pct GOL/
US crude CLc1 : $44.62; -0.07 pct O/R
Brent crude LCOc1 : $46.77; +0.24 pct O/R
LME 3-month copper CMCU3 : $4,925; -1.18 pct MET/L
ANALYST RESEARCH HIGHLIGHTS RCH/CA
Enbridge Inc ENB.TO : Goldman Sachs (NYSE:GS) cuts price target to C$54 from C$57
Fortis Inc FTS.TO : CIBC cuts rating to "sector performer" from "sector outperformer"
Transalta Corp TA.TO : CIBC raises price target to C$8 from C$7.50
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