US STOCKS-Wall St opens higher after three days of losses
* Oil prices continue to hover near 7-year lows
* Weekly jobless claims rise to five-month high
* Men's Wearhouse slumps on forecast warning
* Indexes up: Dow 0.26 pct, S&P 0.31 pct, Nasdaq 0.36 pct (Updates to open)
By Tanya Agrawal
Dec 10 (Reuters) - U.S. stocks were higher at the open on Thursday, after three straight days of losses, even as oil prices continued to hover around 7-year lows and investors await a rate hike decision by the U.S. Federal Reserve.
Markets have had a bruising week so far as equities tracked oil prices. Brent futures are down more than 6 percent this week and having dipped below $40 per barrel there are renewed expectations it might test 2008's low.
U.S. stocks closed lower on Wednesday in a choppy session as oil resumed its decline, fuelling investor worries about global economic growth.
"The market will continue to watch oil carefully and we can expect a mixed to positive session if we don't see any wild swings in oil prices like we did yesterday," said Peter Cardillo, chief market economist at First Standard Financial in New York. Continuación...