July 31 (Reuters) - Stock futures pointed to a higher opening for Canada's main stock index on Monday as upbeat manufacturing data from China and weakness in the U.S. dollar supported commodity prices.
While growth in China's manufacturing sector cooled slightly in July as foreign demand for Chinese goods slackened, a government-led drive to develop infrastructure boosted growth in the construction sector. futures on the S&P TSX index SXFc1 were up 0.26 percent at 7:15 a.m. ET.
Canada's annual producer prices for June is due at 8:30 a.m. ET ECONCA .
Canada's main stock index fell on Friday, weighed by slips in financial, energy and consumer-related names despite strong domestic data and higher oil prices. Jones Industrial Average e-mini futures 1YMc1 were up 0.21 percent at 7:15 a.m. ET, while S&P 500 e-mini futures ESc1 were up 0.11 percent and Nasdaq 100 e-mini futures NQc1 were up 0.23 percent. .N
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TOP STORIES TOP/CAN
Canadian rig contractor Precision Drilling Corp PD.TO reported a smaller-than-expected quarterly loss, helped by higher oil prices that drove strong demand from North America and the Middle East. RESEARCH HIGHLIGHTS RCH/CA
Macdonald Dettwiler and Associates Ltd MDA.TO : Canaccord Genuity raises target price to C$80 from C$70
George Weston Ltd WN.TO : CIBC cuts price target to C$123 from C$126
Norbord Inc OSB.TO : Credit Suisse (SIX:CSGN) raises target price to C$50 from C$42
COMMODITIES AT 7:15 a.m. ET COM/WRAP
Gold futures GCc1 : $1266.9; -0.12 percent GOL/
US crude CLc1 : $49.63; -0.16 percent O/R
Brent crude LCOc1 : $52.5; -0.04 percent O/R
LME 3-month copper CMCU3 : $6389.5; +1.02 percent MET/L
U.S. ECONOMIC DATA DUE ON MONDAY
0945 Chicago PMI for July: Expected 61; Prior 65.7
1000 Pending Homes Index for June: Prior 108.5
1000 Pending sales change mm for June: Expected 1 pct; Prior -0.8 pct
1030 Dallas Fed Manufacturing Business Index for July: Prior 15.00
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TSX market report .TO
Canadian dollar and bonds report CAD/ CA/
Reuters global stocks poll for Canada EQUITYPOLL1 EPOLL/CA
Canadian markets directory CANADA ($1= C$1.25)