US STOCKS-Wall St edges higher as investors gird for earnings

lunes 11 de abril de 2016 14:48 GYT

* Oil hits four-month high on commodities rally

* Financials higher ahead of bank earnings

* Norfolk Southern shares fall as Canadian Pacific drops bid

* Indexes up: Dow 0.5 pct, S&P 0.31 pct, Nasdaq 0.36 pct (Updates to late afternoon)

By Lewis Krauskopf

April 11 (Reuters) - Wall Street edged higher on Monday as oil prices climbed while financial shares gained ahead of a big week of earnings results from banks.

The three major indexes registered modest increases after posting losses last week.

Investors are next looking for cues from the first-quarter earnings season, set to begin in earnest with Alcoa's report after the bell on Monday. Ahead of the results, Alcoa shares were up 4 percent.

Profits at S&P 500 companies are expected to have fallen 7.7 percent in the first quarter, according to Thomson Reuters I/B/E/S.   Continuación...