US STOCKS-Indexes set to open higher as oil recovers slightly
* Crude oil prices hover around $30 per barrel
* Coach jumps after better-than-expected results
* 3M, P&G up on better-than-expected profit
* Futures up: Dow 43 pts, S&P 5.75 pts, Nasdaq 11 pts (Adds details, comment, updates prices)
By Abhiram Nandakumar
Jan 26 (Reuters) - U.S. stock indexes were set to open higher on Tuesday as oil edged up in a volatile session and investors looked ahead to the Federal Reserve's policy meeting and Apple's results.
Crude prices were hovering around $30 a barrel on hopes that OPEC and non-OPEC producers would come together to tackle a massive supply glut.
Global stocks came under pressure after data showed a steep fall in rail freight in the world's second largest economy, raising concerns about a China-led global slowdown.
Investors are still reeling from a turbulent start to the year, which saw Wall Street post its worst-ever start to a new year. A recovery late last week was largely wiped out on Monday as a fall in energy and materials stocks pulled indexes lower. Continuación...