US STOCKS-Wall St edges up after German data; UMich on tap

viernes 13 de febrero de 2015 10:49 GYT

* Import prices drop in January

* UMich data on tap

* German growth beats expectations

* Indexes up: Dow 0.1 pct, S&P 0.12 pct, Nasdaq 0.32 pct (Updates to market open)

By Chuck Mikolajczak

NEW YORK, Feb 13 (Reuters) - U.S. stocks edged higher at the open on Friday, with the S&P 500 within striking distance of its intraday record, buoyed by upbeat German growth data and ahead of a reading on U.S. consumer sentiment.

Germany grew 0.7 percent in the fourth quarter, more than double the expected 0.3 percent, pointing to a stronger 2015 for the region's biggest economy.

"We actually had some better economic news out of the euro zone, obviously it all came from the strength in Germany, but nevertheless it was better," said Peter Cardillo, chief market economist at Rockwell Global Capital in New York.

U.S. import prices tumbled 2.8 percent in January, the largest decline since December 2008 and the seventh straight month of declines.   Continuación...