US STOCKS-Wall St higher as little impact seen from Paris attacks

lunes 16 de noviembre de 2015 13:01 GYT
 

* Starwood falls after buyout offer from Marriott

* Airline, travel stocks slip after Paris attacks

* Dow up 0.33 pct, S&P up 0.26 pct, Nasdaq down 0.18 pct (Adds details, comment, updates prices)

By Abhiram Nandakumar

Nov 16 (Reuters) - Wall Street was higher in choppy trading on Monday with investors seeing little long-term economic impact from Friday's deadly attacks in Paris.

Eight of the 10 major S&P sectors were higher, with the consumer staples sector's 0.9 percent rise leading the advancers.

Oil prices rose after French air strikes in Syria but soon reversed course amid concerns of a global supply glut. Exxon's shares rose 0.5 percent, while Chevron was up 0.8 percent.

"Expectations are that (the attacks) will have a modest potential economic impact," said Eric Wiegand, senior portfolio manager at the Private Client Reserve at U.S. Bank in New York. "As a result, markets have the potential to look through this over the very near term."

While investors largely shrugged off the impact from the attacks, sectors linked to travel took a hit.   Continuación...