US STOCKS-Wall Street rises, as energy stocks continue run

martes 3 de noviembre de 2015 16:03 GYT

* S&P energy sector up for 5th straight day

* AIG, Sprint fall after lower-than-expected results

* King Digital jumps after Activision's buyout offer

* Indexes up: Dow 0.82 pct, S&P 0.58 pct, Nasdaq 0.7 pct (Updates to late afternoon)

By Lewis Krauskopf

Nov 3 (Reuters) - A fifth straight day of gains for energy shares drove U.S. stocks higher on Tuesday, while big tech names also helped propel the major indexes.

The S&P energy sector rose 3 percent, easily leading the 10 major industry groups, as crude prices rallied. Oil majors Exxon and Chevron rose 2.3 percent and 3.5 percent, respectively, making both stocks among the top influences on the Dow and S&P.

While energy stocks have risen about 23 percent since late August, the sector is still down roughly 10 percent year to date.

"I think there has been a real desire on the part of some investors to take advantage of depressed valuations," Eric Wiegand, who is a senior portfolio manager with U.S. Bank Wealth Management in New York.   Continuación...