US STOCKS-Indexes higher, set for best week since October

viernes 20 de noviembre de 2015 11:05 GYT
 

* Nike jumps on buyback; biggest boost to Dow, S&P

* Abercrombie & Fitch surges after results

* Autodesk down after third-qtr loss

* Indexes up: Dow 0.69 pct, S&P 0.55 pct, Nasdaq 0.50 pct (Updates to open)

By Abhiram Nandakumar

Nov 20 (Reuters) - U.S. stock indexes were higher on Friday, led by Dow component Nike, setting them on track for their best weekly performance since October.

Nike's shares jumped 4.8 percent to $131.78 after the company announced a $12 billion share buyback and a 2-for-1 share split.

The stock provided the biggest boost to the Dow and the S&P 500, and helped lifted the S&P consumer discretionary index by about 1 percent.

Earlier this week, minutes from the U.S. Federal Reserve's October meeting hardened expectations of a December rate hike but showed policymakers were cautious on further hikes.   Continuación...