US STOCKS-Facebook 'likes' push Wall Street higher

jueves 28 de enero de 2016 16:06 GYT
 

* Crude pares some gains after sharp spike

* Facebook leads tech-fueled gains on Nasdaq

* Indexes up: Dow 0.8 pct, S&P 0.66 pct, Nasdaq 0.9 pct (Updates to afternoon)

By Noel Randewich

Jan 28 (Reuters) - Wall Street gained on Thursday as a blockbuster quarterly report from Facebook drove tech shares higher and a bounce in oil prices propped up the beleaguered energy sector.

Facebook surged 16.5 percent and was on track for its biggest one-day leap since 2013 after the digital advertising behemoth smashed expectations with a 52-percent jump in fourth quarter revenue.

Helped also by a 4.44-percent gain in Alphabet, set to post its quarterly results after the bell, the S&P tech sector jumped 1.6 percent.

The S&P energy sector rallied 2.6 percent, buoyed by a rise of almost 3 percent in oil prices due to speculation that Saudi Arabia and other OPEC countries would cut output to boost prices.

Optimism sparked by earnings from Facebook and a handful of other companies, as well as the bounce in oil prices, was behind most of the day's improved sentiment, investors said.   Continuación...