US STOCKS-Wall St set to open higher as oil prices stabilize
* Crude oil recovers slightly
* Apple, Intel rise after rating upgrades
* Lululemon up on strong holiday sales forecast
* Futures up: Dow 160 pts, S&P 20 pts, Nasdaq 49.25 pts (Adds details, comment, updates prices)
By Abhiram Nandakumar
Jan 12 (Reuters) - U.S. stock indexes were set to open higher on Tuesday as crude oil prices edged off 12-year lows.
Crude prices flirted with a break below $30 per barrel, before recovering slightly as investors booked profits.
"The market is still very much in gripped by the plunge in oil prices and this morning we're seeing a slightly little better tone to oil prices," said Peter Cardillo, chief market economist at First Standard Financial in New York.
U.S. stocks have opened higher in the past two sessions, only to reverse course later in volatile trading as investors fretted about a China-led global growth slowdown and sharp turns in oil prices. Continuación...