US STOCKS-Indexes look set for small gains as crude recovers

martes 22 de diciembre de 2015 14:00 GYT
 

* Q3 GDP growth at 2 percent

* Chipotle down after Federal probe into E.coli strain

* Brent recovers from 11-year low

* Indexes up: Dow 0.46 pct, S&P 0.34 pct, Nasdaq 0.04 pct (Updates to early afternoon)

By Abhiram Nandakumar

Dec 22 (Reuters) - U.S. stock indexes held on to small gains in early afternoon trading on Tuesday as crude oil prices recovered slightly and data showed that the U.S. economy grew at a fairly healthy clip in the third quarter.

Trading volumes are expected to be relatively light this week, with U.S. stock markets operating a shortened session on Thursday and closing on Friday for Christmas.

Brent crude prices were up marginally, a day after they slid to their lowest levels since mid-2004, but gains were limited due to global oversupply concerns and tepid demand for heating oil in what is likely to be the warmest winter on record.

The S&P energy sector was up 1.58 percent, leading the 10 major sectors on the index. The sector has been the worst performer in 2015, falling about 24 percent so far this year.   Continuación...