US STOCKS-Indexes surge 1 pct led by Apple, energy shares

lunes 16 de mayo de 2016 14:37 GYT

* Apple rises after Berkshire reports stake in company

* Energy stocks gain as oil prices hit highest in 6 months

* Anacor jumps after $5.2 bln buyout deal from Pfizer

* Indexes up: Dow 1.15 pct, S&P 1.12 pct, Nasdaq 1.38 pct (Updates to late afternoon)

By Lewis Krauskopf

May 16 (Reuters) - Wall Street rallied sharply on Monday, juiced by a jump in Apple shares and gains from energy stocks that were backed by stronger oil prices.

The three major U.S. indexes each were up more than 1 percent in afternoon trade.

Apple shares were up 3.9 percent after Warren Buffett's Berkshire Hathaway reported a stake worth about $1 billion in the iPhone maker. The stock, which had lost about one-fifth of its value in the past month, gave the biggest boost to the three indexes.

The S&P energy sector was the best-performing group as oil prices hit six-month highs. Crude prices were supported by worries about global supply outages and as long-time bear Goldman Sachs sounded more positive on the market.   Continuación...