US STOCKS-Indexes set for higher open as oil prices surge
* GE down after qtrly revenue misses
* Crude up as cold wave boosts short-term demand
* Schlumberger up after results, $10 bln buyback
* Futures up: Dow 219 pts, S&P 29 pts, Nasdaq 80 pts (Adds details, comment, updates prices)
By Abhiram Nandakumar
Jan 22 (Reuters) - U.S. stock indexes looked set to open higher on Friday as oil prices surged for a second day, helped by a cold wave sweeping across the United States and Europe.
European Central Bank President Mario Draghi's comments on Thursday suggesting that the bank could ease its monetary policy in its meeting in March also encouraged investors.
Crude prices, under pressure from a global glut, were up 5 percent as the cold wave boosted short-term demand and traders cashed in their short positions.
The U.S. stock market has failed to sustain any rallies this year as risk-averse investors search for signs of stability. The S&P 500 is down 8.6 percent in 2016, having closed higher on only six of the 13 sessions. Continuación...