US STOCKS-Wall St moves higher on Draghi comments, oil prices

jueves 21 de enero de 2016 12:24 GYT
 

* Draghi says ECB could reconsider policy in March

* Crude oil prices rise 3 pct

* Verizon gains on better-than-expected profit

* Indexes up: Dow 1.05 pct, S&P 0.97 pct, Nasdaq 0.82 pct (Adds details, changes comment, updates prices)

By Abhiram Nandakumar

Jan 21 (Reuters) - U.S. stocks surged higher late on Thursday morning as oil prices rallied and ECB President Mario Draghi raised hopes of easing monetary policy further as soon as March.

The European Central Bank kept its main rates on hold and Draghi said the central bank would "review and possibly reconsider" its monetary policy stance in March. Many analysts had not expected a rate cut before June.

Oil prices recovered from earlier losses and were sharply higher.

The Draghi-led rally comes a day after a rout in global stocks, spurred by the relentless drop in oil prices and fears of a China-led slowdown in global growth.   Continuación...