(Updated at 10:00 a.m. ET/ 1400 GMT)

By Nikhil Sharma

Oct 28 (Reuters) - Canada's main stock index rose on

Monday as consumer staples and healthcare sectors led a broader

rally, with energy shares limiting gains, while investors

awaited crucial corporate earnings and economic data due this

week.

The S&P/TSX composite index was up 38.76 points,

or 0.16%, at 24,502.43, set to snap its five-day losing streak.

At least 10 sectors on the index constituted the broader

rally, with the consumer staples and healthcare

sectors rising 1% and 0.87%, respectively.

TSX stocks also took cues from Wall Street, where major

indexes rose in the run up to major company earnings and the

upcoming presidential election.

The heavyweight energy sector declined 2.4% as oil

prices plunged after Israel's limited retaliatory strike against

Iran did not disrupt energy supplies.

"When you get these kind of commodity moves for Canada, I

mean it just kind of overrides everything else," said Colin

Cieszynski, chief market strategist at SIA Wealth Management.

Later in the day, Bank of Canada Governor Tiff Macklem is

scheduled to speak at 1:30 p.m. ET.

Investors will look ahead to earnings from megacaps such

as Alphabet, Apple ( AAPL ) and Microsoft ( MSFT ) due

later this week.

Domestic traders will also watch results from companies such

as Canadian Natural Resources ( CNQ ) and Enbridge ( ENB ) as

well as Thursday's August GDP report - the first major dataset

since the Bank of Canada's half-point rate cut last week.

This week's U.S. Personal Consumption Expenditures index,

along with the country's third-quarter GDP data and nonfarm

payrolls report could shed more light on the Federal Reserve's

monetary policy move next week.

With the U.S. presidential campaign approaching its final

stretch, investors evaluated the prospects of Donald Trump

returning to the White House as market bets favored the former

president's reelection.