TSX set to open higher after U.S. Fed's cautious outlook

(Reuters) - Futures pointed to a higher opening for Canada's main stock index on Thursday, a day after the U.S. Federal Reserve suggested a less aggressive timeline for raising interest rates even as it opened the door for the first hike in almost a decade. June futures on the S&P TSX index were up 0.16 percent at 7:15 a.m. ET. No major economic events are scheduled for Thursday. Canada's main stock index hit its highest level in more than a week on Wednesday after the U.S. Fed sig