US STOCKS-Energy stocks fuel rally on Wall Street

martes 22 de diciembre de 2015 15:41 GYT
 

* Q3 GDP growth at 2 percent

* Chipotle drops after Federal probe into E.coli strain

* Brent recovers from 11-year low

* Indexes up: Dow 0.93 pct, S&P 0.79 pct, Nasdaq 0.51 pct (Updates to afternoon)

By Noel Randewich

Dec 22 (Reuters) - Wall Street rallied on Tuesday as crude oil prices recovered slightly and data showed that the U.S. economy grew at a fairly healthy clip in the third quarter.

The Dow Jones industrial average rose nearly 1 percent, with Caterpillar up 5.3 percent and on the way to its biggest one-day gain since October.

Brent crude prices recovered marginally but remained near their lowest levels since mid-2004, with persistent global oversupply concerns and tepid demand for heating oil remaining in what is likely to be the warmest winter on record.

That recovery was enough to push the S&P energy sector 1.38 percent higher. The sector has been the worst performer in 2015, falling about 24 percent so far this year.   Continuación...