US STOCKS-Wall St inches up with energy, Wal-Mart

jueves 18 de agosto de 2016 15:21 GYT
 

* Wal-Mart gains after results

* Energy stocks gain as Brent crude top $50/bbl

* Cisco drops on disappointing forecast

* Indexes up: Dow 0.04 pct, S&P 0.2 pct, Nasdaq 0.2 pct (Updates to late afternoon)

By Caroline Valetkevitch

Aug 18 (Reuters) - U.S. stocks edged higher in Thursday afternoon trading as gains in energy shares and in Wal-Mart offset telecom's losses.

Wal-Mart rose 1.7 percent after the retailer's better-than-expected quarterly profit.

The energy index was up 1.6 percent after Brent crude topped $50 per barrel for the first time in six weeks as major producers prepared to discuss a possible freeze in output.

The telecommunications index's 1.1 percent loss led sector decliners.   Continuación...