US STOCKS-Wall Street modestly higher as energy stocks rally

jueves 3 de marzo de 2016 15:56 GYT

* Weekly jobless claims rise but labor market stays strong

* February labor data due on Friday

* Herbalife falls after database snafu botches growth numbers

* Indexes: Dow +0.08 pct, S&P +0.15 pct, Nasdaq -0.07 pct (Updates to afternoon)

By Noel Randewich

March 3 (Reuters) - U.S. stocks edged higher on Thursday, building on a recent recovery as a rally in energy stocks offset dips in health and technology shares.

The S&P 500's modest increase followed four weeks of mostly steady gains that have left the index down 3 percent in 2016 after the worst January since 2009.

Despite those recent gains, many investors remained on the sidelines due to concerns the market could resume its decline.

"A lot of times you'll see a head fake and this potentially could be," said Andrew Bodner, president of Double Diamond Investment Group in Parsippany, New Jersey. "I need the market to show me this is real."   Continuación...